# REFILE-UPDATE 2-Indonesia Plans Extension of Palm Oil Export Levy Waiver to Year-end

> Indonesia may extend its palm oil export levy waiver through the end of 2022, Economy Minister Airlangga Hartarto said on October 4. The waiver was introduced in mid-July to reduce a stock glut that built after a three-week export ban in April. The current waiver was scheduled to end after October 31.

- Date: 2022-10-04 · published 2022-10-04T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15780-refile-update-2-indonesia-plans-extension-of-palm-oil-export-levy-waiver-to
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Extending the levy waiver keeps Indonesian palm oil cheaper to export, supporting global vegetable oil supply and pressuring palm and soyoil prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-10-07 | [Indonesia to extend export levy waiver on palm oil to year-end \| FEAG](https://feedsoft.ai/events/15782-indonesia-to-extend-export-levy-waiver-on-palm-oil-to-year-end-feag.md) | -1.3% | +14.9% |
| PALMOIL | 2022-08-24 | [UPDATE 1-Indonesia Extends Palm Oil Export Levy Waiver to Oct. 31 - Trade Minister](https://feedsoft.ai/events/15796-update-1-indonesia-extends-palm-oil-export-levy-waiver-to-oct-31-trade-minister.md) | -0.1% | -8.7% |
| PALMOIL | 2022-08-29 | [Indonesia extends zero export levy on palm oil - ANTARA News](https://feedsoft.ai/events/15795-indonesia-extends-zero-export-levy-on-palm-oil-antara-news.md) | -4.9% | -10.9% |
| PALMOIL | 2018-11-27 | [Divided over Indonesian removal of levy on palm oil exports \| The Star](https://feedsoft.ai/events/61910-divided-over-indonesian-removal-of-levy-on-palm-oil-exports-the-star.md) | -1.1% | +2.6% |
| PALMOIL | 2026-01-14 | [Indonesia scraps plan to introduce B50 biodiesel this year, will raise palm oil export levy \| Reuters](https://feedsoft.ai/events/15497-indonesia-scraps-plan-to-introduce-b50-biodiesel-this-year-will-raise-palm-oil.md) | +0.6% | +4.5% |
| SBO | 2022-10-07 | [Indonesia to extend export levy waiver on palm oil to year-end \| FEAG](https://feedsoft.ai/events/15782-indonesia-to-extend-export-levy-waiver-on-palm-oil-to-year-end-feag.md) | +1.8% | +7.7% |
| SBO | 2022-08-24 | [UPDATE 1-Indonesia Extends Palm Oil Export Levy Waiver to Oct. 31 - Trade Minister](https://feedsoft.ai/events/15796-update-1-indonesia-extends-palm-oil-export-levy-waiver-to-oct-31-trade-minister.md) | +0.0% | -4.1% |
| SBO | 2022-08-29 | [Indonesia extends zero export levy on palm oil - ANTARA News](https://feedsoft.ai/events/15795-indonesia-extends-zero-export-levy-on-palm-oil-antara-news.md) | -0.3% | -5.7% |

## Sources

- agriculture.com: https://www.agriculture.com/markets/newswire/refile-update-2-indonesia-plans-extension-of-palm-oil-export-levy-waiver-to-year

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