# Palm Oil News - CPO OF in March 2018 is Zero

> Indonesia's Ministry of Trade set the March 2018 CPO reference price at US$708.60 per tonne, up from US$694.27 in February. Because the price remains below the US$750 threshold, the government set the March 2018 CPO export fee (OF) at zero, unchanged from February.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/10369-palm-oil-news-cpo-of-in-march-2018-is-zero
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A zero export levy removes a cost for Indonesian exporters, which supports export flows and can lift palm oil prices. The change is modest because the fee was already zero in February.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-04-01 | [Indonesia Palm Market – March 2025](https://feedsoft.ai/events/15568-indonesia-palm-market-march-2025.md) | -6.3% | -6.6% |
| PALMOIL | 2024-02-02 | [Palm Oil News - Palm Oil OF and Levy in February 2024 Would be US$ 118 per Ton](https://feedsoft.ai/events/15664-palm-oil-news-palm-oil-of-and-levy-in-february-2024-would-be-us-118-per-ton.md) | +0.6% | +3.9% |
| PALMOIL | 2024-04-03 | [Palm Oil News - April 2024, CPO Reference Price Increases: CPO OF and Levy Would Be US$ 142/Ton](https://feedsoft.ai/events/15650-palm-oil-news-april-2024-cpo-reference-price-increases-cpo-of-and-levy-would-be.md) | +0.5% | -4.0% |
| PALMOIL | 2017-01-13 | [Palm Oil News - Biodiesel Policy: One Factor to Increase CPO Price](https://feedsoft.ai/events/72873-palm-oil-news-biodiesel-policy-one-factor-to-increase-cpo-price.md) | +0.1% | -0.8% |
| PALMOIL | 2017-02-01 | [Palm Oil News - National Palm Oil Industries Might be Good](https://feedsoft.ai/events/72369-palm-oil-news-national-palm-oil-industries-might-be-good.md) | -0.5% | -8.8% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/6583/cpo-of-in-march-2018-is-zero

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