# SEA seeks level-playing field for palm oil exporter-importer  - The HinduBusinessLine

> India's Solvent Extractors' Association asks the government to add provisions to the ASEAN agreement limiting palm oil export duties. It cites Indonesia's $33 export duty plus $180 levy and reports that Malaysia may impose an 8% export duty from January 1, 2021. The group argues the duties make Indian imports of crude palm oil costlier.

- Date: 2020-12-21 · published 2020-12-21T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/49529-sea-seeks-level-playing-field-for-palm-oil-exporter-importer-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher export duties raise the landed cost of palm oil for India, the major importer, and encourage a shift toward cheaper oils. The lobbying effort itself is unlikely to change prices soon.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-16 | [Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine](https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the.md) | +0.3% | -3.8% |
| PALMOIL | 2019-08-20 | [Malaysia set to outpace Indonesian palm oil exports to India - Business - The Jakarta Post](https://feedsoft.ai/events/57466-malaysia-set-to-outpace-indonesian-palm-oil-exports-to-india-business-the.md) | +1.6% | +4.4% |
| PALMOIL | 2019-08-28 | [Singapore's palm-oil plays endure a sullen month - The Business Times](https://feedsoft.ai/events/57681-singapore-s-palm-oil-plays-endure-a-sullen-month-the-business-times.md) | -0.4% | +0.6% |
| PALMOIL | 2019-01-16 | [Johor in talks with Cyprus on importing oil palm  \| The Star](https://feedsoft.ai/events/60980-johor-in-talks-with-cyprus-on-importing-oil-palm-the-star.md) | +2.3% | +5.9% |
| PALMOIL | 2022-09-23 | [Zuraida: Extension of Indonesia’s export levy waiver won’t impact demand for Malaysia’s crude palm oil \| Malay Mail](https://feedsoft.ai/events/15792-zuraida-extension-of-indonesia-s-export-levy-waiver-won-t-impact-demand-for.md) | -3.0% | -1.2% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/sea-seeks-level-playing-field-for-palm-oil-exporter-importer/article33384453.ece

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