# Indonesia, Malaysia expected to decide global CPO price - ANTARA News

> Felda's chairman says Indonesia and Malaysia could agree on a global reference price for crude palm oil and increase joint marketing. He argues a stable price would benefit the industry and smallholders. Felda also described a stake purchase in Indonesia's Rajawali Corp as a strategic investment.

- Date: 2017-04-23 · published 2017-04-23T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/71607-indonesia-malaysia-expected-to-decide-global-cpo-price-antara-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Coordinated pricing by the two largest producers could reduce price volatility, though no binding agreement has been reported and the impact on prices remains uncertain.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-10-11 | [DATA DIVE - How Indonesia's export ban affected its own, and Malaysia's, shipments - Grain Price News](https://feedsoft.ai/events/15787-data-dive-how-indonesia-s-export-ban-affected-its-own-and-malaysia-s-shipments.md) | -1.3% | +14.2% |
| PALMOIL | 2023-02-14 | [Analyst sees minimal impact on CPO price after Indonesia tightens exports](https://feedsoft.ai/events/37445-analyst-sees-minimal-impact-on-cpo-price-after-indonesia-tightens-exports.md) | +1.8% | -0.3% |
| 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 | 2021-11-13 | [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 | 2020-04-06 | [Indonesia Diperkirakan Belum Bisa Merebut Pasar Ekspor CPO Malaysia](https://feedsoft.ai/events/53510-indonesia-diperkirakan-belum-bisa-merebut-pasar-ekspor-cpo-malaysia.md) | +1.5% | -11.2% |

## Sources

- en.antaranews.com: https://en.antaranews.com/news/110587/indonesia-malaysia-expected-to-decide-global-cpo-price

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