# Regional Plantations - UOB Kay Hian 2021-06-29: Official Announcement Of Indonesia’s Lower Export Levy | SG Investors.io

> UOB Kay Hian reports that Indonesia's revised palm oil export levy regulation, dated June 25, takes effect in early July. The brokerage estimates upstream producers could gain 20-30% in net profit, while downstream margins may narrow.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/46458-regional-plantations-uob-kay-hian-2021-06-29-official-announcement-of-indonesia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The broker's view that upstream producers gain from the levy change reinforces the bullish case for palm oil supply economics, but it notes CPO price weakness limits the near-term effect.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-09-25 | [Agribusiness - CGS-CIMB Research 2019-09-24: Indonesia To Keep Zero Palm Oil Export Levy \| SG Investors.io](https://feedsoft.ai/events/56960-agribusiness-cgs-cimb-research-2019-09-24-indonesia-to-keep-zero-palm-oil.md) | -1.4% | +1.8% |
| PALMOIL | 2025-03-18 | [Indonesia to raise palm oil export levy to 4.5% to 10%, official says](https://feedsoft.ai/events/15573-indonesia-to-raise-palm-oil-export-levy-to-4-5-to-10-official-says.md) | -0.2% | -5.7% |
| PALMOIL | 2022-03-18 | [Indonesia hikes palm oil export levy amid accusations of 'policy panic'](https://feedsoft.ai/events/15833-indonesia-hikes-palm-oil-export-levy-amid-accusations-of-policy-panic.md) | -0.4% | -4.4% |
| PALMOIL | 2018-09-28 | [Indonesia's President halts signing of weak palm oil regulation and stops new plantations - EIA](https://feedsoft.ai/events/63051-indonesia-s-president-halts-signing-of-weak-palm-oil-regulation-and-stops-new.md) | +0.3% | -0.9% |
| 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% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2021/06/regional-plantations-uob-kay-hian-research-2021-06-29.html

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