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Indonesia will raise its palm oil export levy to between 4.5% and 10% of the crude palm oil reference price, up from 3% to 7.5%. A plantation fund official said the increase will finance a mandated rise in palm oil use in biodiesel.
A higher export levy raises the cost of Indonesian palm oil shipments and diverts more supply to the domestic biodiesel program, tightening export availability and supporting palm oil prices.
reuters.comMar 18, 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.
