# Malaysian palm oil prices may lose support following US import duty decision  : The Daily Digest

> US authorities imposed anti-dumping duties on biodiesel imports from Indonesia and Argentina, and Malaysian crude palm oil prices have risen on tighter supplies after lower-than-expected summer output. Southeast Asian biodiesel offers were quoted at $710-760/tonne FOB.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/69556-malaysian-palm-oil-prices-may-lose-support-following-us-import-duty-decision
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The US duties are expected to cut biodiesel export demand for palm oil, which could erode the recent price gains that were driven by tight supply.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-03-16 | [Malaysia to cut CPO export tax to 5% in April following lower prices in Q1  : The Daily Digest](https://feedsoft.ai/events/54011-malaysia-to-cut-cpo-export-tax-to-5-in-april-following-lower-prices-in-q1-the.md) | -1.5% | -4.6% |
| PALMOIL | 2017-08-07 | [Malaysia’s B10 policy hindered by high palm oil prices  : The Daily Digest](https://feedsoft.ai/events/69319-malaysia-s-b10-policy-hindered-by-high-palm-oil-prices-the-daily-digest.md) | +1.6% | +4.0% |
| PALMOIL | 2017-09-14 | [Changes in India’s import duty affects Malaysia palm oil market \| Malay Mail](https://feedsoft.ai/events/68832-changes-in-india-s-import-duty-affects-malaysia-palm-oil-market-malay-mail.md) | -1.6% | -5.3% |
| PALMOIL | 2017-11-27 | [Malaysian Palm Oil Leading the Way Lower](https://feedsoft.ai/events/12717-malaysian-palm-oil-leading-the-way-lower.md) | -2.2% | -6.2% |
| PALMOIL | 2017-12-08 | [Palm oil beat down vegetable oil prices  : The Daily Digest](https://feedsoft.ai/events/12715-palm-oil-beat-down-vegetable-oil-prices-the-daily-digest.md) | -1.3% | +6.4% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/malaysian-palm-oil-prices-may-lose-support-following-us-import-duty-decision/

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