# Regional Plantations - Maybank Kim Eng 2020-12-04: Integrated Indonesian Players Better Off Than Indonesia Upstream Under Newly Approved Export Levy Structure | SG Investors.io

> Maybank Kim Eng keeps a positive sector call on regional plantations after Indonesia approved a progressive export levy structure to boost its CPO fund. The levy caps Indonesian upstream net receipts at about MYR2,800 per tonne. Integrated Indonesian firms such as First Resources, KLK, SDPL and Wilmar are seen as relatively better off.

- Date: 2020-12-04 · published 2020-12-04T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/49526-regional-plantations-maybank-kim-eng-2020-12-04-integrated-indonesian-players
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The levy caps upstream returns while improving downstream competitiveness against Malaysia. This redistributes margins within the palm sector without changing the overall supply picture much.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-11-21 | [Regional Plantations - Maybank Kim Eng 2020-11-21: Indonesia’s Export Levy Conundrum Seen Hurting Upstream More \| SG Investors.io](https://feedsoft.ai/events/50047-regional-plantations-maybank-kim-eng-2020-11-21-indonesia-s-export-levy.md) | +0.1% | +5.7% |
| PALMOIL | 2020-06-11 | [Regional Plantations - Maybank Kim Eng 2020-06-12: Indonesia Sending Positive Signal On Its B30 Commitment \| SG Investors.io](https://feedsoft.ai/events/52491-regional-plantations-maybank-kim-eng-2020-06-12-indonesia-sending-positive.md) | +0.5% | +1.8% |
| PALMOIL | 2020-12-07 | [Agribusiness - CGS-CIMB Research 2020-12-07: Potential Impact Of Indonesia’s Export Levy Revision \| SG Investors.io](https://feedsoft.ai/events/49525-agribusiness-cgs-cimb-research-2020-12-07-potential-impact-of-indonesia-s.md) | -0.8% | +10.8% |
| PALMOIL | 2026-03-07 | [Palm Oil Magazine - Indonesia Adjusts Palm Oil Export Levy to Strengthen Sustainable Plantations and Energy Self-Sufficiency - Palm Oil Magazine](https://feedsoft.ai/events/15487-palm-oil-magazine-indonesia-adjusts-palm-oil-export-levy-to-strengthen.md) | +3.6% | +8.6% |
| 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% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2020/12/regional-plantations-maybank-kim-eng-research-2020-12-04.html

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