# Palm set for worst week in 7 years, India's curbs weigh

> Malaysian palm futures were flat on Friday but were on track for their worst weekly decline since 2012, falling 7.9% for the week. The drop followed India's restrictions on refined palm oil imports. Refineries in Malaysia were running at about half capacity because mills were not supplying enough crude palm oil.

- Date: 2020-01-17 · published 2020-01-17T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/55181-palm-set-for-worst-week-in-7-years-india-s-curbs-weigh
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

India is Malaysia's top palm oil market for refined product, so the restrictions remove a major source of demand. Reduced refinery throughput also signals tighter processing and a possible knock-on to supply.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-02-03 | [Palm oil set for more losses on China virus, Indian import curbs - The HinduBusinessLine](https://feedsoft.ai/events/4953-palm-oil-set-for-more-losses-on-china-virus-indian-import-curbs-the.md) | -5.6% | -23.1% |
| PALMOIL | 2020-02-14 | [India's curbs on Malaysian palm imports stir up edible oil trade](https://feedsoft.ai/events/54691-india-s-curbs-on-malaysian-palm-imports-stir-up-edible-oil-trade.md) | -0.5% | -15.3% |
| PALMOIL | 2020-01-09 | [India palm import curbs to start Malaysia, Indonesia price war - Association](https://feedsoft.ai/events/55183-india-palm-import-curbs-to-start-malaysia-indonesia-price-war-association.md) | -0.9% | -7.6% |
| PALMOIL | 2022-07-20 | [Indonesia’s palm oil exports set to soar 60% in price blow \| FMT](https://feedsoft.ai/events/40582-indonesia-s-palm-oil-exports-set-to-soar-60-in-price-blow-fmt.md) | -0.4% | +3.9% |
| PALMOIL | 2025-03-17 | [Indonesia's Feb palm oil exports hit 4-month high on tax cut \| Reuters](https://feedsoft.ai/events/15575-indonesia-s-feb-palm-oil-exports-hit-4-month-high-on-tax-cut-reuters.md) | -0.8% | -6.4% |

## Sources

- nst.com.my: https://www.nst.com.my/business/2020/01/557380/palm-set-worst-week-7-years-indias-curbs-weigh

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