# Prestasi Sawit Malaysia

> An analyst warned that Indonesian palm oil stocks could reach a high of 5.5 million tonnes by year-end despite the government's biodiesel mandate push. Indonesia's trade ministry kept the crude palm oil export tax at zero for September. Palm prices have been testing support levels.

- Date: 2018-08-28 · published 2018-08-28T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/63640-prestasi-sawit-malaysia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A large Indonesian stockpile would add export availability and weigh on palm prices, though biodiesel demand provides some offset. The zero export tax keeps Indonesian exports competitive.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-03-25 | [Malaysia's 2025 budget promotes palm waste SAF \| Latest Market News](https://feedsoft.ai/events/15659-malaysia-s-2025-budget-promotes-palm-waste-saf-latest-market-news.md) | +0.1% | -1.8% |
| PALMOIL | 2019-04-09 | [Indonesia, Malaysia send letter protesting EU palm oil curbs](https://feedsoft.ai/events/59471-indonesia-malaysia-send-letter-protesting-eu-palm-oil-curbs.md) | -1.9% | -8.4% |
| PALMOIL | 2018-06-29 | [Malaysia, Indonesia should jointly repel EU pressure on palm: Mahathir](https://feedsoft.ai/events/64631-malaysia-indonesia-should-jointly-repel-eu-pressure-on-palm-mahathir.md) | -3.7% | -6.3% |
| PALMOIL | 2017-11-22 | [Malaysia, Indonesia say EU palm resolution will affect millions](https://feedsoft.ai/events/67867-malaysia-indonesia-say-eu-palm-resolution-will-affect-millions.md) | -0.0% | -5.3% |
| PALMOIL | 2020-02-13 | [Malaysia backs off from WTO suit against EU on palm oil](https://feedsoft.ai/events/54694-malaysia-backs-off-from-wto-suit-against-eu-on-palm-oil.md) | -2.8% | -16.7% |
| SBO | 2017-12-11 | [Sanity should prevail over proposed EU palm oil ban - The Malaysian Reserve](https://feedsoft.ai/events/67487-sanity-should-prevail-over-proposed-eu-palm-oil-ban-the-malaysian-reserve.md) | -1.1% | +0.0% |
| SBO | 2026-10-28 | [Malaysia palm oil export tax waiver: what it means \| Peepals](https://feedsoft.ai/events/166-malaysia-palm-oil-export-tax-waiver-what-it-means-peepals.md) | -0.3% | — |
| SBO | 2018-11-26 | [Malaysian palm oil price in biggest fall in 21 months as Indonesia axes export levy \| The Star](https://feedsoft.ai/events/61908-malaysian-palm-oil-price-in-biggest-fall-in-21-months-as-indonesia-axes-export.md) | +0.6% | +0.3% |

## Sources

- prestasisawit.mpob.gov.my: https://prestasisawit.mpob.gov.my/ms/palmnews/archive?page=1166

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