# CPO export duty removal lauded, but trade war brewing | Borneo Post Online

> Malaysia suspended its crude palm oil export tax for three months, from January 8 to April 7, 2018, to reduce high stocks. Analysts were broadly positive but warned that Indonesia could respond with incentives that undercut prices and spark a trade war.

- Date: 2018-01-08 · published 2018-01-08T12:00:00.000Z
- Category: policy · region Malaysia · magnitude high
- Page: https://feedsoft.ai/events/67076-cpo-export-duty-removal-lauded-but-trade-war-brewing-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Removing the export duty lowers Malaysian export costs and should support palm oil export flows and prices in the near term, though a possible Indonesian response could cap the gains.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-03-22 | [Positive on EU’s removal of duties on biosdiesel import from Indonesia \| Borneo Post Online](https://feedsoft.ai/events/66113-positive-on-eu-s-removal-of-duties-on-biosdiesel-import-from-indonesia-borneo.md) | +0.1% | +0.1% |
| PALMOIL | 2018-01-09 | [Export tax suspension to boost upstream plantation players \| Borneo Post Online](https://feedsoft.ai/events/66873-export-tax-suspension-to-boost-upstream-plantation-players-borneo-post-online.md) | -2.2% | -3.5% |
| PALMOIL | 2018-03-31 | [Export tax freeze to support Malaysian palm oil industry \| Borneo Post Online](https://feedsoft.ai/events/65878-export-tax-freeze-to-support-malaysian-palm-oil-industry-borneo-post-online.md) | +3.4% | -0.1% |
| PALMOIL | 2023-07-15 | [Gov’t Reimposes Export Duty after CPO Prices Rebound](https://feedsoft.ai/events/15717-gov-t-reimposes-export-duty-after-cpo-prices-rebound.md) | +1.2% | -3.2% |
| PALMOIL | 2016-11-29 | [Mpob expects brighter outlook for palm oil next year \| Borneo Post Online](https://feedsoft.ai/events/10932-mpob-expects-brighter-outlook-for-palm-oil-next-year-borneo-post-online.md) | +5.3% | +4.6% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2018/01/09/cpo-export-duty-removal-lauded-but-trade-war-brewing/

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