# Palm Oil Export Durty Reviewed - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> GAPKI reviews the progressive crude palm oil export duty structure under PMK 191/2020, which it says burdened upstream producers. The article discusses the planned revision that followed rising palm oil prices.

- Date: 2021-06-24 · published 2021-06-24T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/46457-palm-oil-export-durty-reviewed-gabungan-pengusaha-kelapa-sawit-indonesia-gapki
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Export duty changes shift the share of palm oil price received by producers versus the government, and a relief for upstream output can support export availability and prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-07-02 | [Government Revises Down Palm Oil Export Duty - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/45937-government-revises-down-palm-oil-export-duty-gabungan-pengusaha-kelapa-sawit.md) | +3.7% | +9.7% |
| PALMOIL | 2024-02-23 | [B100 Implementation Will Reduce Palm Oil Export - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15666-b100-implementation-will-reduce-palm-oil-export-gabungan-pengusaha-kelapa-sawit.md) | +0.6% | +9.8% |
| PALMOIL | 2020-11-05 | [Palm Oil Industry Helps Realize Energy Mix Target - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/50046-palm-oil-industry-helps-realize-energy-mix-target-gabungan-pengusaha-kelapa.md) | +7.5% | +10.7% |
| PALMOIL | 2023-07-19 | [CPO Reference Price Surges, Export Duty Rises To US$33/MT - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15716-cpo-reference-price-surges-export-duty-rises-to-us-33-mt-gabungan-pengusaha.md) | +1.6% | -2.8% |
| PALMOIL | 2023-12-20 | [GAPKI: Biodiesel Incentive Stabilizes Palm Oil Prices - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15684-gapki-biodiesel-incentive-stabilizes-palm-oil-prices-gabungan-pengusaha-kelapa.md) | +0.4% | +2.1% |

## Sources

- gapki.id: https://gapki.id/en/news/2021/06/24/palm-oil-export-durty-reviewed/

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