India sharply raises import tax on edible oils to support farmers

After 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.

• Oct 12, 2017Malaysia Raises Palm Oil Export Tax To 6.5% For November From 6.0% In October - Nikkei Asia+0.9%
• Aug 18, 2017India's refined palm oil imports to fall as duty change makes crude palm cheaper+1.5%
• Feb 18, 2017Malaysia raises tax on palm oil for March shipments – Customs Today Newspaper-0.9%
• Sep 8, 2020Indonesia to revamp palm oil levy to support biodiesel programme+1.1%
• Jun 16, 2017Malaysia to raise CPO export tax next month | The Star-1.1%

Not enough comparable past events yet for a historical read.

After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% over 20.

• Aug 30, 2022Palm Oil Rises After Indonesia Raises Export Tax, Biodiesel Use+0.7%
• Dec 3, 2017Ethanol industry, farm officials support EPA’s decision on RFS-0.2%
• Dec 20, 2024The Farmer's Exchange Online Imports, Oversupply Threaten U.S. Biofuels Outlook-0.5%
• Jun 16, 2025MAHA report on seed oils raises concerns for US agriculture+4.7%
• Jan 23, 2025Argentina Slashes Export Taxes to Rescue Drought-Hit Farmers - Bloomberg+1.7%