# Indonesia resumes collecting palm oil export levies

> Indonesia resumed collecting a US$50 per tonne crude palm oil export levy after suspending it in March when prices plunged. A lower rate applies to downstream palm products. The trade ministry set the January reference price at US$729.72 per tonne, and no export duty applies because prices remain below the US$750 threshold.

- Date: 2020-09-30 · published 2020-09-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/51006-indonesia-resumes-collecting-palm-oil-export-levies
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Reinstating the levy adds a cost to palm oil exports, which weighs on export-side demand and prices. Staying below the duty threshold means no additional tax burden on exporters for now.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-02-02 | [Indonesia cuts 1H February palm export taxes, levies](https://feedsoft.ai/events/15753-indonesia-cuts-1h-february-palm-export-taxes-levies.md) | +3.1% | +6.5% |
| PALMOIL | 2023-12-07 | [Indonesia palm oil fund agency sees 2024 export levy collections at 29 trillion rupiah](https://feedsoft.ai/events/15678-indonesia-palm-oil-fund-agency-sees-2024-export-levy-collections-at-29-trillion.md) | -1.2% | -1.5% |
| PALMOIL | 2026-08-21 | [Indonesia expects palm oil export levy collection to jump about 31pc - Markets - Business Recorder](https://feedsoft.ai/events/15447-indonesia-expects-palm-oil-export-levy-collection-to-jump-about-31pc-markets.md) | -0.4% | +2.1% |
| PALMOIL | 2022-04-25 | [Crude palm oil excluded from Indonesia export ban](https://feedsoft.ai/events/41968-crude-palm-oil-excluded-from-indonesia-export-ban.md) | +1.2% | -1.7% |
| PALMOIL | 2024-11-22 | [Indonesia Cuts Palm Oil Levy to Be Competitive, Boost Exports](https://feedsoft.ai/events/15606-indonesia-cuts-palm-oil-levy-to-be-competitive-boost-exports.md) | +0.2% | -3.7% |

## Sources

- ofimagazine.com: https://www.ofimagazine.com/news/indonesia-resumes-collecting-palm-oil-export-levies

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