# Palm Oil News - Indonesia's Export Levy Revision Burdens Oil Palm Smallholders

> Indonesia's finance ministry revised its crude palm oil export tax under regulation PMK 76/2021, raising the progressive tariff threshold to $750/MT from $670/MT. Officials said the change aims to make palm products more competitive internationally, though smallholders may bear the burden.

- Date: 2021-07-01 · published 2021-07-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/45939-palm-oil-news-indonesia-s-export-levy-revision-burdens-oil-palm-smallholders
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A reduced export tax load improves Indonesian palm exports and supports palm oil prices. The policy change also offers less direct support to smallholders, which may limit production response.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-10-16 | [Indonesia extends suspension of palm oil export levies](https://feedsoft.ai/events/56445-indonesia-extends-suspension-of-palm-oil-export-levies.md) | +3.0% | +20.3% |
| 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 | 2021-06-22 | [Indonesia's new palm oil levy likely to lift exporters' profit margin](https://feedsoft.ai/events/46454-indonesia-s-new-palm-oil-levy-likely-to-lift-exporters-profit-margin.md) | +0.7% | +9.2% |
| PALMOIL | 2020-12-03 | [Indonesia Raises Export Levy On Crude Palm Oil From Dec 10 - News - Innoleo](https://feedsoft.ai/events/49524-indonesia-raises-export-levy-on-crude-palm-oil-from-dec-10-news-innoleo.md) | +1.0% | +5.3% |
| PALMOIL | 2020-02-26 | [Indonesia Considers To Rise Palm Oil Export Levies - The Insiders Stories](https://feedsoft.ai/events/5820-indonesia-considers-to-rise-palm-oil-export-levies-the-insiders-stories.md) | -6.0% | -13.8% |

## Sources

- en.infosawit.com: https://en.infosawit.com/news/8828/indonesia-s-export-levy-revision-burdens-oil-palm-smallholders

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