# Prestasi Sawit Malaysia

> Oil World said China is likely to buy more processed vegetable oils and animal feed meals on global markets in coming weeks as the US-China trade war cuts soybean supplies for its crushers. Indonesia also kept crude palm oil and cocoa export taxes unchanged for November.

- Date: 2018-10-31 · published 2018-10-31T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/62641-prestasi-sawit-malaysia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected Chinese buying of meals and vegoils supports prices for soymeal substitutes and palm oil, while unchanged Indonesian export taxes keep palm export flows steady.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-01 | [India’s lower import duty a boon to Malaysia’s palm oil](https://feedsoft.ai/events/45940-india-s-lower-import-duty-a-boon-to-malaysia-s-palm-oil.md) | +1.7% | +9.8% |
| PALMOIL | 2021-04-14 | [India leans on Malaysia as palm oil imports pick up: SEAI](https://feedsoft.ai/events/47470-india-leans-on-malaysia-as-palm-oil-imports-pick-up-seai.md) | +3.9% | +15.3% |
| PALMOIL | 2019-12-01 | [Malaysia signs palm oil export deal as India resumes purchases](https://feedsoft.ai/events/56153-malaysia-signs-palm-oil-export-deal-as-india-resumes-purchases.md) | +8.2% | +11.0% |
| PALMOIL | 2018-03-27 | [EU’s dropping anti-dumping duties could help Malaysia](https://feedsoft.ai/events/65883-eu-s-dropping-anti-dumping-duties-could-help-malaysia.md) | +1.0% | +0.0% |
| PALMOIL | 2019-01-01 | [Malaysian palm oil futures open higher after India import tax cut \| The Star](https://feedsoft.ai/events/5586-malaysian-palm-oil-futures-open-higher-after-india-import-tax-cut-the-star.md) | +6.1% | +8.1% |
| SBM | 2026-04-28 | [EU GMO detection reports pressure Argentine meal basis, fuel CBOT's rally \| S&P Global](https://feedsoft.ai/events/12283-eu-gmo-detection-reports-pressure-argentine-meal-basis-fuel-cbot-s-rally-s-and.md) | -3.4% | +0.2% |
| SBM | 2025-03-28 | [Tariff Uncertainty Pressures Dairy Markets \| Red River Farm Network](https://feedsoft.ai/events/25735-tariff-uncertainty-pressures-dairy-markets-red-river-farm-network.md) | -1.9% | -0.4% |
| SBM | 2021-09-21 | [Firm demand drives soybean grain and meal premiums - Revista Cultivar](https://feedsoft.ai/events/45142-firm-demand-drives-soybean-grain-and-meal-premiums-revista-cultivar.md) | +0.2% | -4.5% |

## Sources

- prestasisawit.mpob.gov.my: https://prestasisawit.mpob.gov.my/ms/palmnews/archive?page=1132

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