# Indonesia: Temporary changes in export duties of crude palm oil (14 December 2022) - Global Trade Alert

> Indonesia raised the export duty on crude palm oil from 18 to 33 USD per tonne and the plantation fund levy from 85 to 90 USD per tonne under Regulation No.1552/2022, after the reference price was set at 871.99 USD per tonne. The changes were effective from mid-December 2022 and the measures were later extended.

- Date: 2022-12-14 · published 2022-12-14T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15768-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-14-december-2022
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher export duties and levies raise the cost of exporting Indonesian palm oil, tightening export supply and supporting world palm oil prices, which feeds into vegetable oil and meal substitution economics for feed buyers.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-12-15 | [Indonesia: Temporary changes in export duties of crude palm oil (15 December 2023) - Global Trade Alert](https://feedsoft.ai/events/15681-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-15-december-2023.md) | +0.4% | +2.0% |
| PALMOIL | 2024-11-28 | [Indonesia: Temporary changes in export duties of crude palm oil (28 November 2024) - Global Trade Alert](https://feedsoft.ai/events/15607-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-28-november-2024.md) | +3.0% | -2.6% |
| PALMOIL | 2023-04-13 | [Indonesia: Temporary changes in export duties of crude palm oil (13 April 2023) - Global Trade Alert](https://feedsoft.ai/events/15737-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-13-april-2023.md) | +0.9% | -3.8% |
| PALMOIL | 2023-07-12 | [Indonesia: Temporary changes in export duties of crude palm oil (12 July 2023) - Global Trade Alert](https://feedsoft.ai/events/15719-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-12-july-2023.md) | +1.6% | -2.0% |
| PALMOIL | 2024-01-30 | [Indonesia: Temporary changes in export duties of crude palm oil (30 January 2024) - Global Trade Alert](https://feedsoft.ai/events/15672-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-30-january-2024.md) | -3.0% | -1.0% |
| SBO | 2024-11-28 | [Indonesia: Temporary changes in export duties of crude palm oil (28 November 2024) - Global Trade Alert](https://feedsoft.ai/events/15607-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-28-november-2024.md) | -0.4% | -0.8% |
| SBO | 2024-01-30 | [Indonesia: Temporary changes in export duties of crude palm oil (30 January 2024) - Global Trade Alert](https://feedsoft.ai/events/15672-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-30-january-2024.md) | +0.0% | -1.4% |
| SBO | 2022-02-10 | [Indonesia: 20% domestic market obligation introduced to exporters of crude palm oil and mixtures - Global Trade Alert](https://feedsoft.ai/events/15840-indonesia-20-domestic-market-obligation-introduced-to-exporters-of-crude-palm.md) | +0.3% | +12.8% |

## Sources

- globaltradealert.org: https://globaltradealert.org/state-act/69714-indonesia-temporary-changes-in-export-duties-of-crude-palm-oil-14-december-2022/

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