# Analyst sees minimal impact on CPO price after Indonesia tightens exports

> An analyst told the Jakarta Post that Indonesia's decision to suspend some palm oil export permits would have a negligible effect on global prices. Malaysian crude palm oil rose 1.5% in the days after the rule was announced, but the gain faded. The analyst set resistance at 4,200 to 4,400 ringgit a tonne and warned of a fall toward 3,500 to 3,700 ringgit if a negative catalyst appeared.

- Date: 2023-02-14 · published 2023-02-14T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/37445-analyst-sees-minimal-impact-on-cpo-price-after-indonesia-tightens-exports
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The export tightening is a real supply risk from the largest palm producer, but the market is treating it as a limited shock. Buyers should price in only modest, short-lived palm support unless Indonesia expands the restrictions.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-04-23 | [Indonesia, Malaysia expected to decide global CPO price - ANTARA News](https://feedsoft.ai/events/71607-indonesia-malaysia-expected-to-decide-global-cpo-price-antara-news.md) | -0.1% | +3.8% |
| PALMOIL | 2018-05-31 | [Palm oil exports from Indonesia and Malaysia fell](https://feedsoft.ai/events/65117-palm-oil-exports-from-indonesia-and-malaysia-fell.md) | -1.1% | -4.5% |
| PALMOIL | 2022-09-23 | [Zuraida: Extension of Indonesia’s export levy waiver won’t impact demand for Malaysia’s crude palm oil \| Malay Mail](https://feedsoft.ai/events/15792-zuraida-extension-of-indonesia-s-export-levy-waiver-won-t-impact-demand-for.md) | -3.0% | -1.2% |
| PALMOIL | 2019-08-20 | [Malaysia set to outpace Indonesian palm oil exports to India - Business - The Jakarta Post](https://feedsoft.ai/events/57466-malaysia-set-to-outpace-indonesian-palm-oil-exports-to-india-business-the.md) | +1.6% | +4.4% |
| PALMOIL | 2022-10-11 | [DATA DIVE - How Indonesia's export ban affected its own, and Malaysia's, shipments - Grain Price News](https://feedsoft.ai/events/15787-data-dive-how-indonesia-s-export-ban-affected-its-own-and-malaysia-s-shipments.md) | -1.3% | +14.2% |

## Sources

- pwc.com: https://www.pwc.com/id/en/pwc-publications/industries-publications/consumer-and-industrial-products-and-services/plantation-highlights/february-2023/analyst-sees-minimal-impact-on-cpo-price-after-indonesia-tightens-exports.html

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