AreaPhilippines

Commodity GroupOilseeds, oils and meals

CommodityPalm oil

Date01/11/2018

Policy CategoryTrade

Policy InstrumentImport policy

DescriptionLaunched anti-dumping investigations into palm oil imports from Malaysia and Indonesia, claiming that a recent surge in imports had led to a decline in domestic prices of coconut and derived products.

NotesFollowing a sharp rise in the volume of palm oil imports from Malaysia and Indonesia – which is believed to have led to a decline in domestic prices of coconut and derived products – the Philippine Government has initiated anti-dumping investigations, local media reported. Currently, palm oil from Malaysia and Indonesia enters the Philippines duty-free, in line with the ASEAN Trade Goods Agreement. Reportedly, under WTO rules, the country may temporarily impose protective tariffs, invoking a claim of injury to its industry.