# Indonesia Extends CPO Export Levy Exemption - News En.tempo.co

> Indonesia extended its zero export levy on crude palm oil and derivatives, starting November 1, 2022, after a Palm Oil Plantation Fund steering committee meeting on October 31. The exemption remains until the CPO reference price is at or above US$800 per metric ton. The government said the policy exists because the biodiesel market index price is still below the diesel price, so biodiesel subsidies are not yet paid out.

- Date: 2022-11-01 · published 2022-11-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15774-indonesia-extends-cpo-export-levy-exemption-news-en-tempo-co
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The zero levy keeps Indonesian palm oil export costs low, which supports export competitiveness and palm oil prices. Biodiesel demand that the government is trying to stimulate would also support domestic and global vegetable oil prices if it grows.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| PALMOIL | 2026-07-17 | [Indonesia's CPO Export Levy Projected Increase in the Q3 2026](https://feedsoft.ai/events/15454-indonesia-s-cpo-export-levy-projected-increase-in-the-q3-2026.md) | +0.5% | +3.4% |
| PALMOIL | 2021-07-01 | [Palm Oil News - Indonesia's Export Levy Revision Burdens Oil Palm Smallholders](https://feedsoft.ai/events/45939-palm-oil-news-indonesia-s-export-levy-revision-burdens-oil-palm-smallholders.md) | +1.7% | +9.8% |
| PALMOIL | 2020-12-03 | [Indonesia Raises Export Levy On Crude Palm Oil From Dec 10 - News - Innoleo](https://feedsoft.ai/events/49524-indonesia-raises-export-levy-on-crude-palm-oil-from-dec-10-news-innoleo.md) | +1.0% | +5.3% |
| PALMOIL | 2022-11-01 | [Sekretariat Kabinet Republik Indonesia \| Gov't Extends CPO Zero Export Levy until December - Sekretariat Kabinet Republik Indonesia](https://feedsoft.ai/events/15773-sekretariat-kabinet-republik-indonesia-gov-t-extends-cpo-zero-export-levy-until.md) | +13.1% | +9.0% |

## Sources

- en.tempo.co: https://en.tempo.co/read/1651732/indonesia-extends-cpo-export-levy-exemption

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