Loading…
Indonesia is set to raise its palm oil export levy to between 4.75% and 10% from May 17 to fund a biodiesel mandate and replanting. GAPKI has urged the government to delay the increase.
The levy hike raises Indonesian export costs and could reduce its competitiveness, while funding for biodiesel supports domestic demand for palm-based fuel.
reuters.comMay 16, 2025After 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.
