# CPO exports regain momentum amid levy waiver - Economy - The Jakarta Post

> Indonesian palm oil product exports jumped to 4.33 million tonnes in August from 2.7 million in July, according to GAPKI. Crude palm oil shipments rose from 1.92 million to 2.97 million tonnes, with India and China as the biggest gainers. The export surge was attributed to the temporary levy suspension, which was extended to year-end.

- Date: 2022-10-11 · published 2022-10-11T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15783-cpo-exports-regain-momentum-amid-levy-waiver-economy-the-jakarta-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stronger Indonesian export flows add supply to the global vegetable oil market and reinforce competitive pressure on palm and soyoil prices.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-09-17 | [Indonesia's palm oil sector relies on domestic demand as exports drop - Business - The Jakarta Post](https://feedsoft.ai/events/51007-indonesia-s-palm-oil-sector-relies-on-domestic-demand-as-exports-drop-business.md) | +0.1% | +1.0% |
| PALMOIL | 2017-09-11 | [Commentary: Indonesia enjoys big biodiesel surplus but loses export markets - Opinion - The Jakarta Post](https://feedsoft.ai/events/68829-commentary-indonesia-enjoys-big-biodiesel-surplus-but-loses-export-markets.md) | +2.4% | -2.4% |
| PALMOIL | 2018-08-29 | [Malaysian palm prices need to fall to RM2,100 per tonne to regain exports \| The Star](https://feedsoft.ai/events/63637-malaysian-palm-prices-need-to-fall-to-rm2-100-per-tonne-to-regain-exports-the.md) | +1.7% | -1.6% |
| PALMOIL | 2020-05-04 | [Waning demand for CPO threatens exports, price](https://feedsoft.ai/events/11552-waning-demand-for-cpo-threatens-exports-price.md) | -2.9% | +9.7% |
| PALMOIL | 2020-04-15 | [Plantation experts concerned over May exports \| Borneo Post Online](https://feedsoft.ai/events/53508-plantation-experts-concerned-over-may-exports-borneo-post-online.md) | -3.4% | -12.0% |
| SBO | 2026-01-13 | [Argentina soybean exports forecast to rise \| World Grain](https://feedsoft.ai/events/13812-argentina-soybean-exports-forecast-to-rise-world-grain.md) | +2.9% | +8.9% |
| SBO | 2023-05-31 | [Palm falls to new low on weaker rival oils, negative export data - Markets - Business Recorder](https://feedsoft.ai/events/7319-palm-falls-to-new-low-on-weaker-rival-oils-negative-export-data-markets.md) | +5.2% | +22.1% |
| SBO | 2023-06-02 | [Despite the drop in prices, the rate of sunflower oil exports from Ukraine remains high](https://feedsoft.ai/events/35624-despite-the-drop-in-prices-the-rate-of-sunflower-oil-exports-from-ukraine.md) | +5.0% | +20.5% |

## Sources

- thejakartapost.com: https://www.thejakartapost.com/business/2022/10/11/cpo-exports-regain-momentum-amid-levy-waiver

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