# Us withdrawal from tpp affects palm oil export | Borneo Post Online

> Malaysia's palm oil minister said the US withdrawal from the TPP affects its target of exporting 20 billion ringgit of palm products to the 12 pact countries by 2021. Exports to those countries were over 13 billion ringgit in 2014. Malaysia plans bilateral trade deals and more downstream products instead.

- Date: 2017-01-24 · published 2017-01-24T12:00:00.000Z
- Category: trade · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/73075-us-withdrawal-from-tpp-affects-palm-oil-export-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Loss of preferential access to TPP markets could redirect palm oil export flows and modestly weigh on demand growth in those markets.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-04-28 | [Crude Palm Oil Weekly Report – April 28, 2018 \| Borneo Post Online](https://feedsoft.ai/events/6615-crude-palm-oil-weekly-report-april-28-2018-borneo-post-online.md) | -4.5% | -1.8% |
| PALMOIL | 2017-04-12 | [China edible oil price slump to hit palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/71601-china-edible-oil-price-slump-to-hit-palm-oil-imports-borneo-post-online.md) | -2.5% | +1.6% |
| PALMOIL | 2020-04-15 | [Plantation experts concerned over May exports \| Borneo Post Online](https://feedsoft.ai/events/53508-plantation-experts-concerned-over-may-exports-borneo-post-online.md) | -3.4% | -12.0% |
| PALMOIL | 2020-03-04 | [Weaker demand expected for FGV in short to medium term period \| Borneo Post Online](https://feedsoft.ai/events/5816-weaker-demand-expected-for-fgv-in-short-to-medium-term-period-borneo-post-online.md) | -0.9% | -3.4% |
| PALMOIL | 2019-06-07 | [Trade war, France ban still key worries of CPO \| Borneo Post Online](https://feedsoft.ai/events/58694-trade-war-france-ban-still-key-worries-of-cpo-borneo-post-online.md) | -1.9% | -3.6% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2017/01/25/us-withdrawal-from-tpp-affects-palm-oil-export/

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