# Indonesia’s plug on CPO exports could affect local processing sector, says palm oil board | MalaysiaNow

> Sabah and Sarawak palm oil growers protested the proposed doubling of the windfall profit levy rate from 1.5% to 3% in East Malaysia under Budget 2022. They argue the states already pay a state CPO sales tax and that the increase is inequitable.

- Date: 2021-10-24 · published 2021-10-24T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/44424-indonesia-s-plug-on-cpo-exports-could-affect-local-processing-sector-says-palm
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The planters' complaint concerns a tax change that could affect production economics in East Malaysia, but it is a lobbying statement without a confirmed policy reversal. Its price effect is limited.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-01-20 | [Malaysia gains cost edge in palm oil exports as Indonesia hikes levy, says TA Securities](https://feedsoft.ai/events/15498-malaysia-gains-cost-edge-in-palm-oil-exports-as-indonesia-hikes-levy-says-ta.md) | +1.9% | +4.4% |
| PALMOIL | 2019-12-21 | [CPO export tax unlikely to affect EU demand, says Malaysian Palm Oil Council CEO \| Malay Mail](https://feedsoft.ai/events/55458-cpo-export-tax-unlikely-to-affect-eu-demand-says-malaysian-palm-oil-council-ceo.md) | +1.2% | +6.5% |
| PALMOIL | 2026-06-23 | [Indonesia palm oil export curbs: An open door for Malaysia?](https://feedsoft.ai/events/15465-indonesia-palm-oil-export-curbs-an-open-door-for-malaysia.md) | -0.2% | -0.2% |
| PALMOIL | 2022-04-28 | [Malaysia able to meet global demand for palm oil following Indonesia’s export ban, says minister \| Malay Mail](https://feedsoft.ai/events/15831-malaysia-able-to-meet-global-demand-for-palm-oil-following-indonesia-s-export.md) | +8.6% | -1.2% |
| PALMOIL | 2024-12-16 | [RHB: Indonesia's Tax Changes Could Weaken Malaysia's Palm Oil Edge](https://feedsoft.ai/events/15599-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | -3.8% | -12.2% |

## Sources

- malaysianow.com: https://www.malaysianow.com/news/2021/10/24/indonesias-plug-on-cpo-exports-could-affect-local-processing-sector-says-palm-oil-board

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