
Palm Oil Refiners Association of Malaysia (Poram) called on Malaysia to review its crude palm oil export duty structure, which fluctuates monthly between 4.5% and 8.5%. Poram says a structural price gap of US$20-30 per tonne versus Indonesia is costing Malaysian refiners market share.
A higher effective duty relative to Indonesia makes Malaysian refined palm products less competitive, which could shift export volumes and weigh on Malaysian palm prices relative to Indonesian supply.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.