# BERNAMA - Indonesia's DMO u-turn positive for CPO price

> Indonesia plans to scrap its domestic market obligation on palm oil exports and replace it with higher export duties. The combined export tax and levy ceiling rises from $375 to between $575 and $675 a tonne, and Public Investment Bank expects a sharp drop in Indonesian exports.

- Date: 2022-03-18 · published 2022-03-18T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/15839-bernama-indonesia-s-dmo-u-turn-positive-for-cpo-price
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expected tighter global palm oil supply from sharply lower Indonesian exports supports CPO prices and widens the price gap with Malaysian palm oil.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-05-18 | [Indonesia's Domestic Market Obligation U-Turn Positive for CPO Price](https://feedsoft.ai/events/15825-indonesia-s-domestic-market-obligation-u-turn-positive-for-cpo-price.md) | +2.0% | -6.7% |
| PALMOIL | 2024-02-08 | [Indonesia sets CPO reference price for February at US$806.40/tonne](https://feedsoft.ai/events/15662-indonesia-sets-cpo-reference-price-for-february-at-us-806-40-tonne.md) | +1.2% | +5.7% |
| PALMOIL | 2026-03-30 | [BernamaBiz - CPO Futures Close Higher On Indonesia’s B50 Programme Optimism](https://feedsoft.ai/events/9479-bernamabiz-cpo-futures-close-higher-on-indonesia-s-b50-programme-optimism.md) | +5.2% | +1.9% |
| PALMOIL | 2022-03-18 | [Indonesia Sets Progressive CPO Export Levies as Price Gains (1)](https://feedsoft.ai/events/15836-indonesia-sets-progressive-cpo-export-levies-as-price-gains-1.md) | -0.4% | -4.4% |
| PALMOIL | 2025-07-31 | [Indonesia's August CPO Reference Price and Its Implications for Global Palm Oil Markets](https://feedsoft.ai/events/15543-indonesia-s-august-cpo-reference-price-and-its-implications-for-global-palm-oil.md) | +1.9% | +5.3% |

## Sources

- bernama.com: https://www.bernama.com/en/news.php?id=2063086

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