# India’s refiners seen to favour palm oil imports from Malaysia | Malay Mail

> Indian refiners are reported to favour Malaysian palm oil over Indonesian supplies because of Indonesia's heavy export tax and levy. Between January and June 2021 India imported 1.75 million tonnes from Malaysia versus 1.72 million from Indonesia.

- Date: 2021-09-08 · published 2021-09-08T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/44945-india-s-refiners-seen-to-favour-palm-oil-imports-from-malaysia-malay-mail
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A shift in Indian import sourcing toward Malaysia redirects palm oil trade flows, supporting Malaysian export demand and prices while weighing on Indonesian export volumes.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-01 | [India’s lower import duty a boon to Malaysia’s palm oil](https://feedsoft.ai/events/45940-india-s-lower-import-duty-a-boon-to-malaysia-s-palm-oil.md) | +1.7% | +9.8% |
| PALMOIL | 2021-12-02 | [India to favour Malaysian palm oil as Indonesian taxes rise \| FMT](https://feedsoft.ai/events/15862-india-to-favour-malaysian-palm-oil-as-indonesian-taxes-rise-fmt.md) | +2.6% | +1.2% |
| PALMOIL | 2021-04-14 | [India leans on Malaysia as palm oil imports pick up: SEAI](https://feedsoft.ai/events/47470-india-leans-on-malaysia-as-palm-oil-imports-pick-up-seai.md) | +3.9% | +15.3% |
| PALMOIL | 2019-01-01 | [India cuts tax on palm oil imports; Malaysia to gain most - CNBC TV18](https://feedsoft.ai/events/5585-india-cuts-tax-on-palm-oil-imports-malaysia-to-gain-most-cnbc-tv18.md) | +6.1% | +8.1% |
| PALMOIL | 2021-10-07 | [Indonesia's Sep palm oil exports fall 33% on month as India, China favor Malaysia](https://feedsoft.ai/events/44662-indonesia-s-sep-palm-oil-exports-fall-33-on-month-as-india-china-favor-malaysia.md) | +2.3% | +4.6% |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2021/09/08/indias-refiners-seen-to-favour-palm-oil-imports-from-malaysia/2004001

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