# Indonesia may reinstate palm oil export levy from January 1  : The Daily Digest

> Reuters reports that Indonesia will not collect palm oil export levies of $10-$50 per metric ton until January 1, after they were put on hold in December 2018. The levy is tied to a $570 reference price. Trade ministry estimates suggest prices could reach about $574.9 next month, which would trigger the levy.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/56962-indonesia-may-reinstate-palm-oil-export-levy-from-january-1-the-daily-digest
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A reinstated levy from January would raise Indonesian export costs and could weigh on palm oil export demand. Prices near the threshold make the timing a key uncertainty for buyers.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-09-08 | [Indonesia looking to change palm oil levy policy to raise more funds  : The Daily Digest](https://feedsoft.ai/events/51009-indonesia-looking-to-change-palm-oil-levy-policy-to-raise-more-funds-the-daily.md) | +1.1% | -4.1% |
| PALMOIL | 2018-11-27 | [Divided over Indonesian removal of levy on palm oil exports \| The Star](https://feedsoft.ai/events/61910-divided-over-indonesian-removal-of-levy-on-palm-oil-exports-the-star.md) | -1.1% | +2.6% |
| PALMOIL | 2018-11-26 | [Malaysian palm oil price in biggest fall in 21 months as Indonesia axes export levy \| The Star](https://feedsoft.ai/events/61908-malaysian-palm-oil-price-in-biggest-fall-in-21-months-as-indonesia-axes-export.md) | -0.5% | +2.0% |
| PALMOIL | 2018-12-04 | [Indonesia relaxes palm oil levy rules \| The Star](https://feedsoft.ai/events/61467-indonesia-relaxes-palm-oil-levy-rules-the-star.md) | +0.7% | +8.4% |
| 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% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/indonesia-may-reinstate-palm-oil-export-levy-from-january-1/

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