# Challenging year for palm oil refiners | The Star

> Malaysian palm oil refiners are reportedly losing margin while upstream planters benefit from crude palm oil spot prices near RM4,000 per tonne. Analysts attribute refiners' pressure to Indonesia's new export tax structure, which gives Indonesian rivals a cost advantage.

- Date: 2021-04-12 · published 2021-04-12T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/47466-challenging-year-for-palm-oil-refiners-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Refiner margin squeeze can reduce refining throughput and the output of refined palm oil, while high CPO prices keep upstream supply firm.

## Read by commodity

- PALMOIL: neutral

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2021/04/13/challenging-year-for-palm-oil-refiners

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