# Sekretariat Kabinet Republik Indonesia | Gov't Extends CPO Zero Export Levy until December - Sekretariat Kabinet Republik Indonesia

> Indonesia's government extended its zero US$/mt crude palm oil export levy from November 1, 2022, following a meeting of the palm oil fund steering committee led by Coordinating Minister Airlangga Hartarto. The exemption will stay in place until December, and will end once the CPO reference price reaches US$800/mt. The reference price was about US$713/mt at the time.

- Date: 2022-11-01 · published 2022-11-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15773-sekretariat-kabinet-republik-indonesia-gov-t-extends-cpo-zero-export-levy-until
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Removing the export levy lowers the cost of Indonesian palm oil exports, which supports export demand and firms palm oil prices. The policy's end trigger is tied to a price level, so a rally toward US$800/mt would remove that support.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-04-27 | [Sekretariat Kabinet Republik Indonesia \| Gov’t Bans Palm Oil Export Starting April 28 - Sekretariat Kabinet Republik Indonesia](https://feedsoft.ai/events/15829-sekretariat-kabinet-republik-indonesia-gov-t-bans-palm-oil-export-starting.md) | +10.1% | +0.6% |
| PALMOIL | 2022-11-01 | [Indonesia Extends CPO Export Levy Exemption - News En.tempo.co](https://feedsoft.ai/events/15774-indonesia-extends-cpo-export-levy-exemption-news-en-tempo-co.md) | +13.1% | +9.0% |
| PALMOIL | 2022-07-16 | [Indonesia removes palm oil export levy until Aug. 31 \| Reuters](https://feedsoft.ai/events/15803-indonesia-removes-palm-oil-export-levy-until-aug-31-reuters.md) | +1.7% | +10.1% |
| PALMOIL | 2025-06-17 | [Indonesia’s CPO Industry Still Looks Upbeat After Export Levy Hike](https://feedsoft.ai/events/15550-indonesia-s-cpo-industry-still-looks-upbeat-after-export-levy-hike.md) | -0.6% | +4.2% |
| PALMOIL | 2019-10-16 | [Indonesia extends suspension of palm oil export levies](https://feedsoft.ai/events/56445-indonesia-extends-suspension-of-palm-oil-export-levies.md) | +3.0% | +20.3% |

## Sources

- setkab.go.id: https://setkab.go.id/en/govt-extends-cpo-zero-export-levy-until-december/

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