# Indonesia to tighten palm oil exports from January 1

> Indonesia will tighten palm oil export rules from January 1, allowing exporters to ship six times their domestic sales volume, down from eight. The move is intended to secure domestic supply, especially in the first quarter of 2023, and the ratio will be reviewed periodically.

- Date: 2023-01-01 · published 2023-01-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/38337-indonesia-to-tighten-palm-oil-exports-from-january-1
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A lower export-to-domestic ratio cuts Indonesian shipments available to world markets, tightening global vegetable oil supply and supporting palm and soyoil prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-12-30 | [Indonesia to reinstate $50 palm oil export levy from January 1  : The Daily Digest](https://feedsoft.ai/events/55457-indonesia-to-reinstate-50-palm-oil-export-levy-from-january-1-the-daily-digest.md) | +6.5% | +2.4% |
| PALMOIL | 2017-01-27 | [Indonesia to set February crude palm oil export tax at $18 per tonne](https://feedsoft.ai/events/72868-indonesia-to-set-february-crude-palm-oil-export-tax-at-18-per-tonne.md) | -0.9% | -5.2% |
| 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 | 2026-10-11 | [Indonesia Export Shake-Up Threatens Palm Oil Supply From 2027](https://feedsoft.ai/events/15440-indonesia-export-shake-up-threatens-palm-oil-supply-from-2027.md) | +1.0% | — |
| PALMOIL | 2024-12-19 | [Indonesia to hike crude palm oil export levy to 10pct](https://feedsoft.ai/events/15595-indonesia-to-hike-crude-palm-oil-export-levy-to-10pct.md) | -0.1% | -11.2% |
| SBO | 2019-12-30 | [Indonesia to reinstate $50 palm oil export levy from January 1  : The Daily Digest](https://feedsoft.ai/events/55457-indonesia-to-reinstate-50-palm-oil-export-levy-from-january-1-the-daily-digest.md) | -1.4% | -9.4% |
| SBO | 2017-01-27 | [Indonesia to set February crude palm oil export tax at $18 per tonne](https://feedsoft.ai/events/72868-indonesia-to-set-february-crude-palm-oil-export-tax-at-18-per-tonne.md) | +0.3% | -6.0% |
| SBO | 2024-12-19 | [Indonesia to hike crude palm oil export levy to 10pct](https://feedsoft.ai/events/15595-indonesia-to-hike-crude-palm-oil-export-levy-to-10pct.md) | -0.1% | +9.1% |

## Sources

- aljazeera.com: https://www.aljazeera.com/economy/2022/12/30/indonesia-to-tighten-palm-oil-exports-from-january-1

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