# Regional Plantations - Maybank Kim Eng 2018-12-06: Indonesia Sets New Threshold On Palm Oil Export Levy | SG Investors.io

> A Maybank Kim Eng research note says Indonesia signed a decree exempting palm oil export levies when CPO prices are below $570 per tonne. The note says the change benefits upstream planters and Malaysian exports and may help reduce Malaysia's high stockpile. It maintains a neutral sector rating.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/61468-regional-plantations-maybank-kim-eng-2018-12-06-indonesia-sets-new-threshold-on
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The levy exemption is expected to boost Indonesian and Malaysian palm exports and help clear inventories, which is bearish for palm oil prices. The analyst view reinforces that the policy shift favors supply expansion in the near term.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-11-27 | [Regional Plantations - Maybank Kim Eng 2018-11-27: A Possible Game Changer \| SG Investors.io](https://feedsoft.ai/events/61912-regional-plantations-maybank-kim-eng-2018-11-27-a-possible-game-changer-sg.md) | -1.1% | +2.6% |
| PALMOIL | 2018-12-05 | [Agribusiness - CGS-CIMB Research 2018-12-05: The Finer Details On Indonesia's Export Levy \| SG Investors.io](https://feedsoft.ai/events/61472-agribusiness-cgs-cimb-research-2018-12-05-the-finer-details-on-indonesia-s.md) | -0.2% | +8.0% |
| PALMOIL | 2022-08-29 | [Indonesia extends zero export levy on palm oil - ANTARA News](https://feedsoft.ai/events/15795-indonesia-extends-zero-export-levy-on-palm-oil-antara-news.md) | -4.9% | -10.9% |
| PALMOIL | 2022-10-04 | [REFILE-UPDATE 2-Indonesia Plans Extension of Palm Oil Export Levy Waiver to Year-end](https://feedsoft.ai/events/15780-refile-update-2-indonesia-plans-extension-of-palm-oil-export-levy-waiver-to.md) | +10.5% | +11.6% |
| PALMOIL | 2019-09-30 | [Indonesia may reinstate palm oil export levy from January 1  : The Daily Digest](https://feedsoft.ai/events/56962-indonesia-may-reinstate-palm-oil-export-levy-from-january-1-the-daily-digest.md) | -2.1% | +2.5% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2018/12/regional-plantations-maybank-kim-eng-research-2018-12-06.html

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