Loading…
Indonesia's higher palm oil export levies took effect on 1 March, raising the CPO levy to 12.5% from 10%, with refined product levies also increased. President Prabowo maintained the ban on crude POME and used cooking oil exports, with refined grades still permitted.
Higher export levies raise the cost of Indonesian palm exports and the ban on crude residues tightens feedstock flows, supporting international palm oil prices while domestic biodiesel supply is protected.
ofimagazine.comQuartz Business MediaMar 2, 2026After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
