# Indonesia to gradually ease palm oil exports over nine months

> Indonesia tightened its palm oil export quota ratio to 1:4 from 1:6, cutting the amount exporters can ship relative to domestic sales. The trade ministry will also release about 3 million mt of frozen export permits gradually through January 2024, at roughly 336,000 mt per month.

- Date: 2023-04-28 · published 2023-04-28T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/36509-indonesia-to-gradually-ease-palm-oil-exports-over-nine-months
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Analysts estimate Indonesian supply could fall about 30% in the near term, which tightens global vegetable oil supply and supports palm and substitute oil prices. The phased release of held-back permits limits how far the squeeze will run.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲
- SUNMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2023-04-30 | 1 | -11.4% | -13.4 | Indonesia's export quota ratio change and gradual release of about 3 million mt of frozen export permits raised expected export supply. |
| SBO | 2023-05-01 | 1 | -3.0% | -3.0 | Indonesia's gradual release of frozen export permits and quota ratio change point to more palm oil supply reaching global markets, which is bearish for competing vegetable oils. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-01-01 | [Indonesia to tighten palm oil exports from January 1](https://feedsoft.ai/events/38337-indonesia-to-tighten-palm-oil-exports-from-january-1.md) | +4.8% | +1.2% |
| PALMOIL | 2022-02-01 | [Edible oil markets rally as Indonesia limits palm oil exports - Grain Central](https://feedsoft.ai/events/8092-edible-oil-markets-rally-as-indonesia-limits-palm-oil-exports-grain-central.md) | +6.0% | +25.6% |
| PALMOIL | 2022-01-18 | [Indonesia to require palm oil export permits \| Reuters](https://feedsoft.ai/events/15848-indonesia-to-require-palm-oil-export-permits-reuters.md) | +2.6% | +10.9% |
| PALMOIL | 2023-03-08 | [Indonesian palm oil exports, production to fall in 2023 - GAPKI](https://feedsoft.ai/events/15745-indonesian-palm-oil-exports-production-to-fall-in-2023-gapki.md) | -4.1% | -5.5% |
| PALMOIL | 2025-05-14 | [Indonesian palm oil exports set to fall with biofuel mandate - Nikkei Asia](https://feedsoft.ai/events/24754-indonesian-palm-oil-exports-set-to-fall-with-biofuel-mandate-nikkei-asia.md) | +0.7% | +1.5% |
| SBO | 2023-01-01 | [Indonesia to tighten palm oil exports from January 1](https://feedsoft.ai/events/38337-indonesia-to-tighten-palm-oil-exports-from-january-1.md) | -1.9% | -6.7% |
| SBO | 2022-02-01 | [Edible oil markets rally as Indonesia limits palm oil exports - Grain Central](https://feedsoft.ai/events/8092-edible-oil-markets-rally-as-indonesia-limits-palm-oil-exports-grain-central.md) | +1.1% | +8.8% |
| SBO | 2023-03-08 | [Indonesian palm oil exports, production to fall in 2023 - GAPKI](https://feedsoft.ai/events/15745-indonesian-palm-oil-exports-production-to-fall-in-2023-gapki.md) | -5.5% | -4.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/indonesia-to-gradually-ease-palm-oil-exports-over-nine-months/

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