# Market Updates – Issue 1, 2017 |         Global Oil & Fats Business Online – gofbonline.com

> Malaysia's Plantation Industries and Commodities Ministry aims to grow commodity exports by 5-8% this year through new markets and a proposed free trade agreement with Iran. The ministry reported that commodity exports grew 2% to RM99.2 billion from January to October 2016, with commodities accounting for 15.6% of national exports. The newsletter also covers several smaller items including FELDA leadership change and Brazil's grain export lull.

- Date: 2017-03-03 · published 2017-03-03T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/71874-market-updates-issue-1-2017-global-oil-and-fats-business-online-gofbonline-com
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Export-oriented policy and trade expansion by Malaysia supports palm oil demand and flows, though the targets are broad and mostly aspirational for near-term palm oil prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-04-26 | [Market Updates – Issue 1, 2018 \|         Global Oil & Fats Business Online – gofbonline.com](https://feedsoft.ai/events/65605-market-updates-issue-1-2018-global-oil-and-fats-business-online-gofbonline-com.md) | -3.5% | -1.7% |
| 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 | 2023-06-09 | [Palm Oil News - Here Are Four Strategies of PFMA to Face the Market Pressure in European Union](https://feedsoft.ai/events/15727-palm-oil-news-here-are-four-strategies-of-pfma-to-face-the-market-pressure-in.md) | +4.6% | +18.3% |
| PALMOIL | 2019-08-28 | [Singapore's palm-oil plays endure a sullen month - The Business Times](https://feedsoft.ai/events/57681-singapore-s-palm-oil-plays-endure-a-sullen-month-the-business-times.md) | -0.4% | +0.6% |
| PALMOIL | 2021-06-16 | [World Bio Market Insights WTO to review EU’s palm oil ban](https://feedsoft.ai/events/46598-world-bio-market-insights-wto-to-review-eu-s-palm-oil-ban.md) | -2.5% | +4.1% |

## Sources

- gofbonline.com: https://gofbonline.com/market-updates-issue-1-2017/

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