Ethmia palawana is a moth in the Depressariidae family. It was described by Schultze in 1925. It is found in the Philippines (Palawan). The wingspan is 45–48 mm. The forewings are overlaid with seven spots at the basal are and there is a single short black striaparallel with the costa. The hindwings are black, but yellow at the base and with strong costal brushes. Adults have been recorded on wing from November to February.