
Indonesia will raise its crude palm oil export levy from 7.5% to 10% of the reference price starting May 17, 2025. The increase, also applied to other palm oil products, funds the B40 biodiesel program and replanting efforts.
A higher levy makes Indonesian palm oil pricier than rivals, which can shift export demand toward Malaysia, while subsidized biodiesel demand supports domestic vegetable oil use and 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.
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.