# Malaysian palm oil price drops on high stock outlook, Indonesian levy change | The Star

> Malaysian palm oil futures fell more than 1% on Wednesday on expectations of rising Malaysian inventories and Indonesia's revised export levy rules. Indonesia relaxed levies on palm oil and derivative products after prices dropped. The price decline reflects both supply concerns and the policy change.

- Date: 2018-12-05 · published 2018-12-05T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/61471-malaysian-palm-oil-price-drops-on-high-stock-outlook-indonesian-levy-change-the
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising stocks and cheaper Indonesian export competition add pressure to palm oil prices. Vegetable oil weakness can weigh on soybean oil and related feed fat prices.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/12/06/palm-oil-price-drops-on-high-stock-outlook-indonesian-levy-change/

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