# Indonesia Set CPO Export Levy US$74 per MT for January - The Insiders Stories

> Indonesia's trade ministry set the January 2021 crude palm oil export levy at $74 per tonne, up from $33 in December. The increase followed a 9.31% rise in the benchmark reference price to $951.86 per tonne, driven by stronger international prices. The ministry also raised its cocoa bean reference price.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/49040-indonesia-set-cpo-export-levy-us-74-per-mt-for-january-the-insiders-stories
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A higher levy raises the cost of exporting Indonesian palm oil and shifts the balance between domestic and export use. The reference price increase signals firm global palm prices entering 2021.

## Read by commodity

- PALMOIL: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2021-01-06 | 5 | +11.7% | 2.8 | Higher Indonesian export levy for January reflects higher prices and may curb Indonesian exports, tightening export supply. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-03-01 | [Indonesia Set Export Levy for CPO at US$93/MT - The Insiders Stories](https://feedsoft.ai/events/47983-indonesia-set-export-levy-for-cpo-at-us-93-mt-the-insiders-stories.md) | +2.6% | +6.6% |
| PALMOIL | 2024-12-24 | [Indonesia’s 10% levy could cause CPO exports to plummet \| The Star](https://feedsoft.ai/events/15598-indonesia-s-10-levy-could-cause-cpo-exports-to-plummet-the-star.md) | +0.1% | -10.6% |
| PALMOIL | 2025-02-01 | [Palm Oil Magazine - Indonesia's CPO Reference Price in February 2025 Decreases, Export Duty and Levy Set at US$ 195.66 per Ton - Palm Oil Magazine](https://feedsoft.ai/events/15584-palm-oil-magazine-indonesia-s-cpo-reference-price-in-february-2025-decreases.md) | +3.6% | +3.5% |
| PALMOIL | 2025-12-31 | [Indonesia slightly lowers POME, UCO export levies as CPO dips](https://feedsoft.ai/events/15508-indonesia-slightly-lowers-pome-uco-export-levies-as-cpo-dips.md) | +0.5% | +3.2% |
| PALMOIL | 2025-01-02 | [Indonesian Gov't Told to Rethink CPO Export Levy Hike](https://feedsoft.ai/events/15592-indonesian-gov-t-told-to-rethink-cpo-export-levy-hike.md) | -10.6% | -10.3% |

## Sources

- theinsiderstories.com: https://theinsiderstories.com/indonesia-set-cpo-export-levy-us74-per-mt-for-january/

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