# Crude Palm Oil Weekly Report – December 1, 2018 | Borneo Post Online

> Malaysian palm oil futures rebounded from a three-year low on December 1 after gains in related edible oils, though weak demand and high inventories limited the rise. AmSpec and SGS data showed Malaysian exports fell in November. Indonesia announced it would temporarily cut its export levy to zero from $50 per tonne.

- Date: 2018-12-01 · published 2018-12-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/61664-crude-palm-oil-weekly-report-december-1-2018-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Indonesia's levy cut lowers its export costs and is expected to shift buying toward Indonesian palm oil, adding bearish pressure on Malaysian prices while weak exports keep inventories elevated.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-09-30 | [Crude Palm Oil Weekly Report – 30 September 2017 \| Borneo Post Online](https://feedsoft.ai/events/5639-crude-palm-oil-weekly-report-30-september-2017-borneo-post-online.md) | -2.5% | -1.5% |
| PALMOIL | 2017-11-02 | [MP: Most European countries against palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/68003-mp-most-european-countries-against-palm-oil-imports-borneo-post-online.md) | -0.6% | -3.2% |
| PALMOIL | 2018-12-26 | [Cost structure still tough for palm oil players \| Borneo Post Online](https://feedsoft.ai/events/61663-cost-structure-still-tough-for-palm-oil-players-borneo-post-online.md) | +5.0% | +7.8% |
| PALMOIL | 2018-04-01 | [Malaysia: Export duty on crude palm oil reintroduced from May 2018 - Global Trade Alert](https://feedsoft.ai/events/65413-malaysia-export-duty-on-crude-palm-oil-reintroduced-from-may-2018-global-trade.md) | +3.4% | -0.1% |
| PALMOIL | 2019-06-03 | [Palm Oil Monitor Weekly Update – 3rd June 2019 - Palm Oil Monitor](https://feedsoft.ai/events/58613-palm-oil-monitor-weekly-update-3rd-june-2019-palm-oil-monitor.md) | -0.2% | -1.3% |
| SBO | 2021-08-27 | [Indonesia Sept crude palm oil export reference price, export tax set higher - Markets - Business Recorder](https://feedsoft.ai/events/45440-indonesia-sept-crude-palm-oil-export-reference-price-export-tax-set-higher.md) | -1.8% | -4.6% |
| SBO | 2026-03-25 | [ICE Canada Weekly: More behind canola, soyoil than crude oil prices - Grainews](https://feedsoft.ai/events/20290-ice-canada-weekly-more-behind-canola-soyoil-than-crude-oil-prices-grainews.md) | +3.8% | +5.7% |
| SBO | 2021-02-18 | [VEGOILS-Palm oil slumps 4% on demand concerns, high export tax By Reuters](https://feedsoft.ai/events/48723-vegoils-palm-oil-slumps-4-on-demand-concerns-high-export-tax-by-reuters.md) | +6.6% | +18.5% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2018/12/02/crude-palm-oil-weekly-report-december-1-2018/

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