Loading…
Malaysian analysts expect an expanded 5% sales and service tax to take effect in July and raise raw material costs for palm oil players. CIMB Research said the tax applies to palm kernel oil products but fresh fruit bunches are exempt.
Analysts warn the tax could weaken local competitiveness against Indonesia.
Higher costs for Malaysian processors could reduce their export competitiveness and affect supply or pricing. Buyers may bear part of the cost, so the price impact is limited.
thestar.com.myThe Star OnlineJun 16, 2025After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
