# Malaysia forecasts 3.6% rise in palm oil exports in 2017 – Customs Today Newspaper

> Malaysia forecasts palm oil and palm-based product exports of 70 billion ringgit in 2017, up 3.6% from a year earlier. The minister said EU moves to curb palm biodiesel will negatively affect exports to Europe.

- Date: 2017-08-07 · published 2017-08-07T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/69320-malaysia-forecasts-3-6-rise-in-palm-oil-exports-in-2017-customs-today-newspaper
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Steady export growth expectations point to firm demand for Malaysian palm oil, while EU restrictions on biodiesel use are a headwind for European-bound volumes.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-11-13 | [Palm Oil News - Malaysia Runs Cheaper CPO Export Tariff](https://feedsoft.ai/events/15866-palm-oil-news-malaysia-runs-cheaper-cpo-export-tariff.md) | +2.4% | -4.6% |
| 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 | 2019-08-20 | [Malaysia set to outpace Indonesian palm oil exports to India - Business - The Jakarta Post](https://feedsoft.ai/events/57466-malaysia-set-to-outpace-indonesian-palm-oil-exports-to-india-business-the.md) | +1.6% | +4.4% |
| 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% |
| PALMOIL | 2022-09-23 | [Zuraida: Extension of Indonesia’s export levy waiver won’t impact demand for Malaysia’s crude palm oil \| Malay Mail](https://feedsoft.ai/events/15792-zuraida-extension-of-indonesia-s-export-levy-waiver-won-t-impact-demand-for.md) | -3.0% | -1.2% |

## Sources

- customstoday.media: https://customstoday.media/malaysia-forecasts-3-6-rise-in-palm-oil-exports-in-2017/

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