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Indonesia's Finance Ministry issued Regulation No. 9/2026, raising the export levy on crude palm oil and its derivatives, effective March 2026. The measure is classed as likely harmful to trade.
A higher export levy raises the cost of Indonesian exports and can curb shipments, which tends to support world palm oil prices.
After 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.
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.