# Palm Oil News - CEC Suggested to Improve the Palm oil Plantation Governance

> Indonesia's Corruption Eradication Commission found governance problems in the palm oil sector, including weak licensing controls, ineffective plantation fund management, and uneven export levy use. It reported that most CPO export levy funds subsidise biodiesel, with large groups receiving the biggest share.

- Date: 2018-09-09 · published 2018-09-09T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/62899-palm-oil-news-cec-suggested-to-improve-the-palm-oil-plantation-governance
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Governance reform could change how levy funds flow to biodiesel, affecting domestic palm oil demand, but the effect on prices is speculative at this stage.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-10-23 | [Replanting the oil palm to save forests - Landscape Alliance Forests News](https://feedsoft.ai/events/62405-replanting-the-oil-palm-to-save-forests-landscape-alliance-forests-news.md) | -0.8% | -9.3% |
| PALMOIL | 2018-07-10 | [New Malaysian plantations minister challenged to find new markets for palm oil  : The Daily Digest](https://feedsoft.ai/events/63908-new-malaysian-plantations-minister-challenged-to-find-new-markets-for-palm-oil.md) | -3.0% | -4.0% |
| PALMOIL | 2021-05-03 | [Palm Oil News - The Critics to CSF and OF](https://feedsoft.ai/events/46980-palm-oil-news-the-critics-to-csf-and-of.md) | +11.2% | +9.1% |
| PALMOIL | 2022-02-03 | [Palm Oil News - CPO Reference Price Increases: The government Decided OF Remains the Same and Palm Oil Tax US$ 375/ton](https://feedsoft.ai/events/15847-palm-oil-news-cpo-reference-price-increases-the-government-decided-of-remains.md) | +0.3% | +20.4% |
| PALMOIL | 2023-03-30 | [Plantation Ministry: No plan to regulate price of Malaysian palm oil as govt-controlled product  \| Malay Mail](https://feedsoft.ai/events/36958-plantation-ministry-no-plan-to-regulate-price-of-malaysian-palm-oil-as-govt.md) | -1.1% | -4.0% |

## Sources

- en.infosawit.com: https://en.infosawit.com/news/6921/cec-suggested-to-improve-the-palm-oil-plantation-governance

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