# Indonesia Export Levy Revision to Support Crude Palm Oil Prices, Stability Key - Kantor Berita Sawit

> Fitch Ratings says Indonesia's revised progressive export levy on palm oil, in effect from 10 December 2020, should lift biodiesel funding and support crude palm oil prices. Fitch expects the Malaysian benchmark to average above its USD560/t 2021 assumption, though it flags the risk of reverting to the old structure.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/49038-indonesia-export-levy-revision-to-support-crude-palm-oil-prices-stability-key
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A higher levy funds Indonesia's biodiesel programme, which absorbs palm oil domestically and tightens exportable supply. This supports palm oil prices, though policy reversal risk remains.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-06-21 | [Indonesia to cut crude palm oil export levy to $175/mt: sources](https://feedsoft.ai/events/46456-indonesia-to-cut-crude-palm-oil-export-levy-to-175-mt-sources.md) | +0.3% | +8.7% |
| 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% |
| PALMOIL | 2021-07-01 | [Palm Oil News - Indonesia's Export Levy Revision Burdens Oil Palm Smallholders](https://feedsoft.ai/events/45939-palm-oil-news-indonesia-s-export-levy-revision-burdens-oil-palm-smallholders.md) | +1.7% | +9.8% |
| PALMOIL | 2019-09-25 | [Indonesia halts export levy on crude palm oil amid global price drops](https://feedsoft.ai/events/56961-indonesia-halts-export-levy-on-crude-palm-oil-amid-global-price-drops.md) | -1.4% | +1.8% |
| 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

- sawitindonesia.com: https://sawitindonesia.com/indonesia-export-levy-revision-to-support-crude-palm-oil-prices-stability-key/

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