# RHB Research: ‘NEUTRAL’ Call Maintained on Regional Plantation Sector

> RHB Research maintained its neutral call on the regional plantation sector after Indonesia changed cooking oil and palm oil rules. The changes removed the cooking oil price ceiling, revoked a 30% domestic market obligation, and raised the CPO export tax and levy ceiling to $575 a tonne.

- Date: 2022-03-18 · published 2022-03-18T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15838-rhb-research-neutral-call-maintained-on-regional-plantation-sector
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher export taxes and levies are expected to support global CPO prices by reducing Indonesian exports, though the broker sees limited net change for the sector.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-06-11 | [Regional Plantations - Maybank Kim Eng 2020-06-12: Indonesia Sending Positive Signal On Its B30 Commitment \| SG Investors.io](https://feedsoft.ai/events/52491-regional-plantations-maybank-kim-eng-2020-06-12-indonesia-sending-positive.md) | +0.5% | +1.8% |
| PALMOIL | 2017-09-18 | [Figueres calls for EU action plan on ‘imported deforestation’ \| Rapporteur](https://feedsoft.ai/events/68981-figueres-calls-for-eu-action-plan-on-imported-deforestation-rapporteur.md) | -2.0% | -4.1% |
| PALMOIL | 2017-10-24 | [The Chain: EU Proposal on Deforestation-Linked Products Poses Risks for Companies, Investors - Chain Reaction Research](https://feedsoft.ai/events/68515-the-chain-eu-proposal-on-deforestation-linked-products-poses-risks-for.md) | +0.3% | -0.0% |
| PALMOIL | 2022-05-18 | [Joint Statement of Palm Oil Sector Organisations on the Proposal for a Regulation on Deforestation-free Products - Caobisco](https://feedsoft.ai/events/41424-joint-statement-of-palm-oil-sector-organisations-on-the-proposal-for-a.md) | +2.0% | -6.7% |
| PALMOIL | 2023-03-30 | [Plantation Ministry: No plan to regulate price of Malaysian palm oil as govt-controlled product  \| Malay Mail](https://feedsoft.ai/events/36958-plantation-ministry-no-plan-to-regulate-price-of-malaysian-palm-oil-as-govt.md) | -1.1% | -4.0% |

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2022/03/18/rhb-research-neutral-call-maintained-on-regional-plantation-sector/

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