# Indonesia’s 10% levy could cause CPO exports to plummet | The Star

> The Indonesian Palm Oil Association warns that a 10% CPO export levy could make Indonesian palm oil less competitive against neighboring producers. Businesses also expect lower export volumes, especially with stagnant domestic production. The levy plan is linked to the B40 biodiesel program starting in January.

- Date: 2024-12-24 · published 2024-12-24T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15598-indonesia-s-10-levy-could-cause-cpo-exports-to-plummet-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower Indonesian export volumes would tighten global palm oil supply, but weaker competitiveness could also shift demand to Malaysian product, leaving the net price effect mixed.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-05-02 | [Indonesia 2019 biodiesel exports to rise  \| The Star](https://feedsoft.ai/events/58956-indonesia-2019-biodiesel-exports-to-rise-the-star.md) | -3.3% | -3.6% |
| PALMOIL | 2021-03-01 | [Indonesia Set Export Levy for CPO at US$93/MT - The Insiders Stories](https://feedsoft.ai/events/47983-indonesia-set-export-levy-for-cpo-at-us-93-mt-the-insiders-stories.md) | +2.6% | +6.6% |
| PALMOIL | 2025-01-02 | [Indonesian Gov't Told to Rethink CPO Export Levy Hike](https://feedsoft.ai/events/15592-indonesian-gov-t-told-to-rethink-cpo-export-levy-hike.md) | -10.6% | -10.3% |
| PALMOIL | 2021-01-04 | [Indonesia Set CPO Export Levy US$74 per MT for January - The Insiders Stories](https://feedsoft.ai/events/49040-indonesia-set-cpo-export-levy-us-74-per-mt-for-january-the-insiders-stories.md) | +10.0% | -0.2% |
| PALMOIL | 2026-06-26 | [Pakistan Asks Indonesia to Ease Export Levy on Palm Oil](https://feedsoft.ai/events/15466-pakistan-asks-indonesia-to-ease-export-levy-on-palm-oil.md) | -1.2% | +0.9% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2024/12/25/indonesias-10-levy-could-cause-cpo-exports-to-plummet

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.