# MARKET BUZZ: Malaysia's Plantation Stocks Rise Amid Crude Palm Oil Export Tax Suspension Talk - Nikkei Asia

> Malaysian plantation stocks rose on unconfirmed talk of a suspension of crude palm oil export tax. The Bursa plantation index gained 0.6 percent, near a two-month high, and analysts expected higher palm oil demand from China and a possible government announcement.

- Date: 2018-01-04 · published 2018-01-04T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/8165-market-buzz-malaysia-s-plantation-stocks-rise-amid-crude-palm-oil-export-tax
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Speculation about an export tax suspension would make Malaysian palm oil more competitive and could lift export demand and prices if confirmed. The effect remains uncertain until the government acts.

## 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 | Talk of the export tax suspension lifted plantation stocks and sentiment ahead of the confirmation, contributing to early-week price gains. |

## 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 | 2018-01-05 | [Demand for Malaysian palm oil seen to rise by 15% following export tax suspension \| The Star](https://feedsoft.ai/events/8161-demand-for-malaysian-palm-oil-seen-to-rise-by-15-following-export-tax.md) | +0.3% | -1.2% |
| PALMOIL | 2021-09-20 | [Malaysia keeps Oct crude palm oil export tax at 8%](https://feedsoft.ai/events/44940-malaysia-keeps-oct-crude-palm-oil-export-tax-at-8.md) | +1.0% | +12.6% |
| PALMOIL | 2021-03-17 | [Malaysia maintains April crude palm oil export duty at 8% - Markets - Business Recorder](https://feedsoft.ai/events/47980-malaysia-maintains-april-crude-palm-oil-export-duty-at-8-markets-business.md) | -0.1% | -7.0% |
| PALMOIL | 2019-12-12 | [Malaysia raises export tax for crude palm oil for first time in over a year - The Business Times](https://feedsoft.ai/events/55463-malaysia-raises-export-tax-for-crude-palm-oil-for-first-time-in-over-a-year-the.md) | -0.0% | +11.2% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/markets/nikkei-markets/market-buzz-malaysia-s-plantation-stocks-rise-amid-crude-palm-oil-export-tax-suspension-talk

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