# Changes in India’s import duty affects Malaysia palm oil market | Malay Mail

> India doubled its crude palm oil import duty to 15% and raised refined palm olein duty to 25% in August 2017. Malaysia's plantation minister said the change challenges Malaysia's market share in India, its largest palm oil export destination.

- Date: 2017-09-14 · published 2017-09-14T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/68832-changes-in-india-s-import-duty-affects-malaysia-palm-oil-market-malay-mail
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher Indian import duties favour domestic refiners and may cut refined palm oil imports, which is bearish for Malaysian palm oil demand and prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-08-18 | [India's refined palm oil imports to fall as duty change makes crude palm cheaper](https://feedsoft.ai/events/69561-india-s-refined-palm-oil-imports-to-fall-as-duty-change-makes-crude-palm-cheaper.md) | +1.5% | +9.4% |
| PALMOIL | 2024-05-17 | [Malaysia to leave duty on crude palm oil exports unchanged in June](https://feedsoft.ai/events/15648-malaysia-to-leave-duty-on-crude-palm-oil-exports-unchanged-in-june.md) | +0.9% | +2.8% |
| PALMOIL | 2024-09-23 | [RHB: Indonesia's tax changes could weaken Malaysia's palm oil edge](https://feedsoft.ai/events/15618-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | +1.1% | +9.0% |
| PALMOIL | 2018-08-17 | [Malaysia: Temporary changes in export duty of crude palm oil (1 September 2018 to 28 February 2019) - Global Trade Alert](https://feedsoft.ai/events/63403-malaysia-temporary-changes-in-export-duty-of-crude-palm-oil-1-september-2018-to.md) | +0.1% | -0.3% |
| PALMOIL | 2019-09-06 | [India's duty hike blunts appetite for refined Malaysian palm oil \| Malaysiakini](https://feedsoft.ai/events/57179-india-s-duty-hike-blunts-appetite-for-refined-malaysian-palm-oil-malaysiakini.md) | +0.8% | -1.9% |

## Sources

- beta.malaymail.com: https://beta.malaymail.com/news/money/2017/09/14/changes-in-indias-import-duty-affects-malaysia-palm-oil-market/1465057

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