# Indonesia pledges policy transparency with new palm oil exchange - The Business Times

> Indonesia plans to require all crude palm oil exports to go through a futures exchange starting in June to create a domestic benchmark price. The regulator says the move aims to improve transparency and avoid repeats of the 2022 export ban. Nearly all current CPO shipments are sold directly to buyers.

- Date: 2023-03-17 · published 2023-03-17T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15748-indonesia-pledges-policy-transparency-with-new-palm-oil-exchange-the-business
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A more transparent export regime could reduce the risk of abrupt export bans, easing supply uncertainty for palm oil buyers.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-01-27 | [Indonesia wants palm oil exporters to trade on local exchanges - The Business Times](https://feedsoft.ai/events/15762-indonesia-wants-palm-oil-exporters-to-trade-on-local-exchanges-the-business.md) | -1.9% | +2.1% |
| PALMOIL | 2023-09-18 | [Malaysia reviewing windfall tax on palm oil industry  - The Business Times](https://feedsoft.ai/events/15705-malaysia-reviewing-windfall-tax-on-palm-oil-industry-the-business-times.md) | -1.6% | -4.3% |
| PALMOIL | 2023-10-20 | [Cargoes begin trading on Indonesia's ICDX crude palm oil exchange](https://feedsoft.ai/events/33742-cargoes-begin-trading-on-indonesia-s-icdx-crude-palm-oil-exchange.md) | -0.4% | +5.9% |
| PALMOIL | 2021-01-11 | [Indonesia refined palm oil exports to rise in 2021 on tax changes - Markets - Business Recorder](https://feedsoft.ai/events/49037-indonesia-refined-palm-oil-exports-to-rise-in-2021-on-tax-changes-markets.md) | -6.2% | -12.3% |
| PALMOIL | 2024-12-16 | [RHB: Indonesia's Tax Changes Could Weaken Malaysia's Palm Oil Edge](https://feedsoft.ai/events/15599-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | -3.8% | -12.2% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/international/asean/indonesia-pledges-policy-transparency-new-palm-oil-exchange

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