# Malaysia to replace Indonesia as top palm oil supplier to India | FMT

> Malaysia is set to replace Indonesia as India's top palm oil supplier in 2019 because of a lower import duty on refined palm oil under a trade agreement. Malaysia's share of India's imports rose to 52% in the first half of 2019, up from 30% in 2018. India cut its duty on refined palm oil from other origins to 50%, while Malaysian shipments pay 45%.

- Date: 2019-07-30 · published 2019-07-30T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/6471-malaysia-to-replace-indonesia-as-top-palm-oil-supplier-to-india-fmt
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The shift in origin favors Malaysian refiners and shifts trade flows, but overall palm oil supply and price effects are limited.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-05-27 | [Malaysia, Indonesia to talk on retaliatory moves for palm oil](https://feedsoft.ai/events/58959-malaysia-indonesia-to-talk-on-retaliatory-moves-for-palm-oil.md) | -0.1% | -0.3% |
| PALMOIL | 2019-03-03 | [Biofuel, supply and EU top in mind as palm oil players meet \| FMT](https://feedsoft.ai/events/60205-biofuel-supply-and-eu-top-in-mind-as-palm-oil-players-meet-fmt.md) | -3.0% | -2.8% |
| PALMOIL | 2023-06-08 | [Indonesia, Malaysia aim to fight 'discrimination' against palm oil](https://feedsoft.ai/events/35529-indonesia-malaysia-aim-to-fight-discrimination-against-palm-oil.md) | +2.1% | +14.6% |
| PALMOIL | 2026-06-23 | [Indonesia palm oil export curbs: An open door for Malaysia?](https://feedsoft.ai/events/15465-indonesia-palm-oil-export-curbs-an-open-door-for-malaysia.md) | -0.2% | -0.2% |
| PALMOIL | 2024-12-16 | [RHB: Indonesia's Tax Changes Could Weaken Malaysia's Palm Oil Edge](https://feedsoft.ai/events/15599-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | -3.8% | -12.2% |

## Sources

- freemalaysiatoday.com: https://www.freemalaysiatoday.com/category/nation/2019/07/30/malaysia-to-replace-indonesia-as-top-palm-oil-supplier-to-india

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