# Agribusiness - CGS-CIMB Research 2018-12-05: The Finer Details On Indonesia's Export Levy | SG Investors.io

> CGS-CIMB research says Indonesia revised palm oil and derivative export levies following a price drop, with no levy below $570 per tonne. The note states the final thresholds were raised compared with the late-November proposal, which had set zero levy below $500. It expects the move to benefit upstream planters and hurt processors.

- Date: 2018-12-05 · published 2018-12-05T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/61472-agribusiness-cgs-cimb-research-2018-12-05-the-finer-details-on-indonesia-s
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower export levies at current prices increase palm export competitiveness and supply, which is bearish for palm oil. Processors' disadvantage may reduce refined product output, a secondary factor for vegetable oil supply.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-11-27 | [Agribusiness - CGS-CIMB Research 2018-11-27: Potential Impact Of Revision To Export Levy \| SG Investors.io](https://feedsoft.ai/events/61907-agribusiness-cgs-cimb-research-2018-11-27-potential-impact-of-revision-to.md) | -1.1% | +2.6% |
| PALMOIL | 2018-12-06 | [Regional Plantations - Maybank Kim Eng 2018-12-06: Indonesia Sets New Threshold On Palm Oil Export Levy \| SG Investors.io](https://feedsoft.ai/events/61468-regional-plantations-maybank-kim-eng-2018-12-06-indonesia-sets-new-threshold-on.md) | -0.2% | +8.0% |
| PALMOIL | 2018-11-26 | [Indonesia Adjusts Export Levies for CPO, Derivatives - The Insiders Stories](https://feedsoft.ai/events/61913-indonesia-adjusts-export-levies-for-cpo-derivatives-the-insiders-stories.md) | -0.5% | +2.0% |
| 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% |
| 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% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2018/12/agribusiness-cgs-cimb-research-2018-12-05.html

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