# Malaysia, Importers Move Against Nigeria’s Palm Oil Market | Investors King

> A Nigerian report alleges a conspiracy against the local palm oil sector, citing Malaysia's three-month export tax suspension. Nigerian stakeholders fear cheap imported and smuggled palm oil will push out local producers. The piece describes concerns about future surplus shipments from Malaysia.

- Date: 2018-02-09 · published 2018-02-09T12:00:00.000Z
- Category: trade · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/66373-malaysia-importers-move-against-nigeria-s-palm-oil-market-investors-king
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Diversion of Malaysian surplus into importing markets reflects the export-driven stock drawdown, but the story is mainly a regional trade dispute with limited direct price impact.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-08-28 | [Not Indonesia: Indomie Factory in Nigeria Favors Cheaper Malaysian Palm Oil](https://feedsoft.ai/events/15628-not-indonesia-indomie-factory-in-nigeria-favors-cheaper-malaysian-palm-oil.md) | +3.8% | +7.2% |
| PALMOIL | 2023-01-09 | [Indonesia and Malaysia agree to fight "discrimination" against palm oil \| Reuters](https://feedsoft.ai/events/15767-indonesia-and-malaysia-agree-to-fight-discrimination-against-palm-oil-reuters.md) | -2.4% | -2.5% |
| PALMOIL | 2018-05-31 | [Palm oil exports from Indonesia and Malaysia fell](https://feedsoft.ai/events/65117-palm-oil-exports-from-indonesia-and-malaysia-fell.md) | -1.1% | -4.5% |
| PALMOIL | 2021-06-23 | [Laman Web Rasmi KPK - SAWIT: Malaysia overtakes Indonesia as top palm oil exporter to India](https://feedsoft.ai/events/46460-laman-web-rasmi-kpk-sawit-malaysia-overtakes-indonesia-as-top-palm-oil-exporter.md) | +0.8% | +8.9% |
| PALMOIL | 2022-07-24 | [Malaysia's palm oil demand to sustain despite Indonesia's export levy waive - Zuraida](https://feedsoft.ai/events/15808-malaysia-s-palm-oil-demand-to-sustain-despite-indonesia-s-export-levy-waive.md) | +1.3% | +3.7% |

## Sources

- investorsking.com: https://investorsking.com/2018/02/09/malaysia-importers-move-nigerias-palm-oil-market/

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