# Demand for Malaysian palm oil seen to rise by 15% following export tax suspension | The Star

> Malaysia suspended crude palm oil export taxes for three months, effective from Monday. Traders expect Chinese buying ahead of Lunar New Year and Indian restocking, with monthly exports possibly rising 10-15 percent.

- Date: 2018-01-05 · published 2018-01-05T12:00:00.000Z
- Category: policy · region Malaysia · magnitude high
- Page: https://feedsoft.ai/events/8161-demand-for-malaysian-palm-oil-seen-to-rise-by-15-following-export-tax
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The tax suspension makes Malaysian palm oil more price-competitive in price-sensitive markets like India and China, boosting export demand and supporting prices. The government aims to lift prices and reduce stockpiles.

## Read by commodity

- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2018-01-08 | 5 | +6.7% | 3.3 | Suspension of Malaysia's crude palm oil export tax for three months lowers export costs and is expected to lift Chinese and Indian buying by 10-15%, a direct demand and trade-flow driver of the price rise. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-01-08 | [Malaysia's palm oil exports set to rise following export tax suspension - Xinhua \| English.news.cn](https://feedsoft.ai/events/66868-malaysia-s-palm-oil-exports-set-to-rise-following-export-tax-suspension-xinhua.md) | -1.0% | -1.4% |
| PALMOIL | 2025-01-06 | [Demand for Malaysian palm oil could rise if Indonesia raises exports levy — TA Securities](https://feedsoft.ai/events/15590-demand-for-malaysian-palm-oil-could-rise-if-indonesia-raises-exports-levy-ta.md) | +0.3% | +0.2% |
| PALMOIL | 2018-01-04 | [MARKET BUZZ: Malaysia's Plantation Stocks Rise Amid Crude Palm Oil Export Tax Suspension Talk - Nikkei Asia](https://feedsoft.ai/events/8165-market-buzz-malaysia-s-plantation-stocks-rise-amid-crude-palm-oil-export-tax.md) | +0.7% | -1.2% |
| PALMOIL | 2018-04-06 | [Export duty suspension for CPO extended to end-April \| The Star](https://feedsoft.ai/events/65415-export-duty-suspension-for-cpo-extended-to-end-april-the-star.md) | -1.4% | -7.1% |
| PALMOIL | 2018-01-07 | [FGV to benefit from suspension of export taxes \| The Star](https://feedsoft.ai/events/66872-fgv-to-benefit-from-suspension-of-export-taxes-the-star.md) | -1.0% | -1.4% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/01/06/demand-for-malaysian-palm-oil-set-to-rise-following-export-tax-suspension/

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