# India's duty hike blunts appetite for refined Malaysian palm oil | Malaysiakini

> India raised the tax on refined palm oil imports from Malaysia to 50% from 45% for six months to curb imports and boost domestic refining. Indian demand for Malaysian refined palm oil is expected to fall sharply in October, and Malaysian inventories could rise toward three million tonnes by December as buyers favour cheaper Indonesian CPO.

- Date: 2019-09-06 · published 2019-09-06T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/57179-india-s-duty-hike-blunts-appetite-for-refined-malaysian-palm-oil-malaysiakini
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The duty hike shifts Indian demand toward Indonesian crude palm oil and builds Malaysian stocks, which pressures Malaysian palm oil prices lower.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-08-18 | [India's refined palm oil imports to fall as duty change makes crude palm cheaper](https://feedsoft.ai/events/69561-india-s-refined-palm-oil-imports-to-fall-as-duty-change-makes-crude-palm-cheaper.md) | +1.5% | +9.4% |
| PALMOIL | 2017-09-14 | [Changes in India’s import duty affects Malaysia palm oil market \| Malay Mail](https://feedsoft.ai/events/68832-changes-in-india-s-import-duty-affects-malaysia-palm-oil-market-malay-mail.md) | -1.6% | -5.3% |
| PALMOIL | 2020-06-05 | [Malaysia exempts palm oil from export duty - Business Recorder](https://feedsoft.ai/events/52493-malaysia-exempts-palm-oil-from-export-duty-business-recorder.md) | +1.7% | +1.1% |
| PALMOIL | 2025-08-20 | [Malaysia and Indonesia move to be labeled “low-risk” for palm oil.](https://feedsoft.ai/events/23345-malaysia-and-indonesia-move-to-be-labeled-low-risk-for-palm-oil.md) | -0.2% | +1.7% |
| PALMOIL | 2026-01-16 | [Indonesia’s B50 delay opens short-term export window for Malaysian palm oil \| The Star](https://feedsoft.ai/events/15501-indonesia-s-b50-delay-opens-short-term-export-window-for-malaysian-palm-oil-the.md) | +2.3% | +5.7% |

## Sources

- malaysiakini.com: https://www.malaysiakini.com/news/490886

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