# Palm Oil Monitor – Weekly Update 22nd May 2018 - Palm Oil Monitor

> India raised applied tariffs on crude palm oil to 44% from 30% and on refined palm oil to 54% from 40%. Regional trade talks under RCEP have moved slowly, with the most recent round ending May 8 with little public information.

- Date: 2018-05-22 · published 2018-05-22T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/64891-palm-oil-monitor-weekly-update-22nd-may-2018-palm-oil-monitor
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher Indian import duties reduce palm oil demand from the largest importer, which is bearish for palm prices, while uncertain RCEP progress limits the prospect of relief.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-02-04 | [Palm Oil Monitor Weekly Update – 4th February 2019 - Palm Oil Monitor](https://feedsoft.ai/events/60635-palm-oil-monitor-weekly-update-4th-february-2019-palm-oil-monitor.md) | 0.0% | -6.2% |
| PALMOIL | 2025-04-11 | [W14 2025: Palm Oil Weekly Update](https://feedsoft.ai/events/15572-w14-2025-palm-oil-weekly-update.md) | -0.6% | -5.1% |
| PALMOIL | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | -4.5% | -1.8% |
| PALMOIL | 2020-08-14 | [Palm oil logs 2.5 percent weekly fall - Markets - Business Recorder](https://feedsoft.ai/events/51738-palm-oil-logs-2-5-percent-weekly-fall-markets-business-recorder.md) | +1.1% | +4.9% |
| PALMOIL | 2021-05-28 | [Malaysia to escalate EU palm oil dispute at WTO \| Malay Mail](https://feedsoft.ai/events/46981-malaysia-to-escalate-eu-palm-oil-dispute-at-wto-malay-mail.md) | -1.7% | -12.4% |

## Sources

- palmoilmonitor.org: https://palmoilmonitor.org/2018/05/22/palm-oil-monitor-weekly-update-22nd-may-2018/

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