# Malaysian palm oil price in biggest fall in 21 months as Indonesia axes export levy | The Star

> Malaysian palm oil futures posted their biggest one-day fall in over 21 months on Monday after Indonesia announced it would cut its export levy to zero from $50 a tonne. Malaysia also announced a B10 biodiesel blending revision that traders see as supportive over the longer term.

- Date: 2018-11-26 · published 2018-11-26T12:00:00.000Z
- Category: policy · region Malaysia · magnitude high
- Page: https://feedsoft.ai/events/61908-malaysian-palm-oil-price-in-biggest-fall-in-21-months-as-indonesia-axes-export
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Cutting Indonesia's levy makes Indonesian palm more competitive, while the B10 mandate may add domestic biodiesel demand later, leaving the near-term price bearish.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| PALMOIL | 2018-12-04 | [Indonesia relaxes palm oil levy rules \| The Star](https://feedsoft.ai/events/61467-indonesia-relaxes-palm-oil-levy-rules-the-star.md) | +0.7% | +8.4% |
| PALMOIL | 2018-11-27 | [Divided over Indonesian removal of levy on palm oil exports \| The Star](https://feedsoft.ai/events/61910-divided-over-indonesian-removal-of-levy-on-palm-oil-exports-the-star.md) | -1.1% | +2.6% |
| PALMOIL | 2019-09-30 | [Indonesia may reinstate palm oil export levy from January 1  : The Daily Digest](https://feedsoft.ai/events/56962-indonesia-may-reinstate-palm-oil-export-levy-from-january-1-the-daily-digest.md) | -2.1% | +2.5% |
| PALMOIL | 2023-04-28 | [Crude palm oil prices dive to six-month low as Indonesia revises export policy - Fastmarkets](https://feedsoft.ai/events/4383-crude-palm-oil-prices-dive-to-six-month-low-as-indonesia-revises-export-policy.md) | -9.7% | -7.7% |
| SBO | 2026-07-13 | [Malaysia poised to gain as Indonesia likely to cut palm oil exports, says MPOC \| Malay Mail](https://feedsoft.ai/events/15452-malaysia-poised-to-gain-as-indonesia-likely-to-cut-palm-oil-exports-says-mpoc.md) | +7.1% | +0.5% |
| SBO | 2018-12-26 | [Indonesia to continue subsidizing biodiesel despite slashing palm oil export levy  : The Daily Digest](https://feedsoft.ai/events/61470-indonesia-to-continue-subsidizing-biodiesel-despite-slashing-palm-oil-export.md) | +0.6% | +6.4% |
| SBO | 2021-06-29 | [Indonesia Revises Palm Oil Export Levy While Safeguarding Biodiesel Funding - Media Biodiesel](https://feedsoft.ai/events/46455-indonesia-revises-palm-oil-export-levy-while-safeguarding-biodiesel-funding.md) | +1.1% | +3.5% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/11/27/palm-oil-takes-a-spill-after-indonesia-axes-export-levy/

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