# Indonesia to require palm oil export permits | Reuters

> Indonesia will require palm oil exporters to obtain export permits from the Trade Ministry starting January 24, 2022. The move is aimed at controlling soaring domestic cooking oil prices.

- Date: 2022-01-18 · published 2022-01-18T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/15848-indonesia-to-require-palm-oil-export-permits-reuters
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Export permits give authorities a way to restrict overseas shipments, cutting available supply to world markets and supporting palm oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-02-06 | [Indonesia to suspend some palm oil export permits - officials](https://feedsoft.ai/events/15756-indonesia-to-suspend-some-palm-oil-export-permits-officials.md) | +0.8% | +5.9% |
| PALMOIL | 2022-07-16 | [Indonesia removes palm oil export levy until Aug. 31 \| Reuters](https://feedsoft.ai/events/15803-indonesia-removes-palm-oil-export-levy-until-aug-31-reuters.md) | +1.7% | +10.1% |
| PALMOIL | 2026-05-26 | [Oil palm fruit left to rot as Indonesia export revamp hits farmers](https://feedsoft.ai/events/19378-oil-palm-fruit-left-to-rot-as-indonesia-export-revamp-hits-farmers.md) | +0.4% | -1.6% |
| PALMOIL | 2022-04-28 | [Soy oil soars to record as Indonesia expands palm export ban](https://feedsoft.ai/events/41929-soy-oil-soars-to-record-as-indonesia-expands-palm-export-ban.md) | +8.6% | -1.2% |
| PALMOIL | 2022-03-09 | [Indonesia tightens palm oil export curbs in new hit to global supplies \| Reuters](https://feedsoft.ai/events/42374-indonesia-tightens-palm-oil-export-curbs-in-new-hit-to-global-supplies-reuters.md) | -2.3% | -9.2% |

## Sources

- reuters.com: https://www.reuters.com/world/asia-pacific/indonesia-require-palm-oil-export-permits-2022-01-18/

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