# Crude palm oil – make hay - BR Research - Business Recorder

> Pakistan's edible oil refiners are benefiting from lower global crude palm oil prices, which fell to a 12-year low in November 2018. The article traces Indonesia's shift toward value-added palm exports and the export taxes that Indonesia and Malaysia apply to CPO. It notes Pakistan's refiners have found importing CPO uneconomic relative to refined products.

- Date: 2019-01-09 · published 2019-01-09T12:00:00.000Z
- Category: market · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/60981-crude-palm-oil-make-hay-br-research-business-recorder
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower CPO prices support Pakistani refining margins and could lift import demand if policy shifts favour CPO. Export taxes in producing countries shape the global price spread between CPO and refined oil.

## Read by commodity

- PALMOIL: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/464254/

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