# Palm oil falls on Indonesia export levy uncertainty, US tariff threats - Markets - Business Recorder

> Malaysian palm oil futures fell on Friday after the Lunar New Year holiday, with the April contract down 0.44% to 4,260 ringgit a ton by midday. Traders cited uncertainty over a possible 9-10% cut in Indonesian crude palm oil export levies and US President Trump's threatened tariffs on Canada and Mexico. Soyoil on the Chicago Board of Trade rose 1.22%.

- Date: 2025-01-31 · published 2025-01-31T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/26604-palm-oil-falls-on-indonesia-export-levy-uncertainty-us-tariff-threats-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A possible cut in Indonesia's export levy would increase exportable palm supply and pressure prices, while firmer crude oil supports palm's appeal as biodiesel feedstock. Buyers of palm-based feed fats should expect near-term price swings tied to these policy and energy signals.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40345660

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.