Windfall tax threshold for palm oil raised by RM500: 2022 Budget

After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.

• Oct 29, 2021Malaysia to raise threshold for palm oil windfall levy next year | Financial Post+1.9%
• Dec 12, 2019Malaysia raises export tax for crude palm oil for first time in over a year - The Business Times-0.0%
• Jan 7, 2020Minister: Govt to channel 50pc of crude palm oil windfall tax to biofuel fund | Malay Mail+2.1%
• Apr 6, 2021Indonesia’s Palm Oil Tax Regime as of April 2021-1.7%
• Aug 30, 2022Palm Oil Rises After Indonesia Raises Export Tax, Biodiesel Use-7.5%

After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.

• Jan 10, 2018EU heading for ‘zero palm oil’ in transport by 2021-3.1%
• Apr 6, 2021Indonesia’s Palm Oil Tax Regime as of April 2021-2.0%
• Nov 25, 2016Palm oil demand from Indonesia biodiesel sector to surge by 2020+2.1%
• Mar 8, 2023Indonesian palm oil exports, production to fall in 2023 - GAPKI-5.5%
• Sep 19, 2026B50 Gets a Date: Full Rollout Targeted From 1 October 2026 | Palm Oil Economics-2.3%