# EU puts off export ban on Indonesia's crude palm oil - World - Chinadaily.com.cn

> Indonesia's maritime coordinating minister said the EU has postponed a ban on some Indonesian crude palm oil, limiting it to peatland-grown palms, with the phase-out now set for 2030. A task force will join EU talks on the issue.

- Date: 2018-06-26 · published 2018-06-26T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/64541-eu-puts-off-export-ban-on-indonesia-s-crude-palm-oil-world-chinadaily-com-cn
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Postponing the ban to 2030 and limiting it to peatland palms reduces the near-term threat to Indonesian CPO exports, which is mildly bullish for palm oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-12-19 | [Indonesia to hike crude palm oil export levy to 10pct](https://feedsoft.ai/events/15595-indonesia-to-hike-crude-palm-oil-export-levy-to-10pct.md) | -0.1% | -11.2% |
| PALMOIL | 2021-06-21 | [Indonesia to cut crude palm oil export levy to $175/mt: sources](https://feedsoft.ai/events/46456-indonesia-to-cut-crude-palm-oil-export-levy-to-175-mt-sources.md) | +0.3% | +8.7% |
| PALMOIL | 2025-02-06 | [Indonesia’s CPO export levy hike will make Malaysian crude palm oil more competitive: Experts](https://feedsoft.ai/events/15582-indonesia-s-cpo-export-levy-hike-will-make-malaysian-crude-palm-oil-more.md) | +4.4% | +3.3% |
| PALMOIL | 2019-09-25 | [Indonesia halts export levy on crude palm oil amid global price drops](https://feedsoft.ai/events/56961-indonesia-halts-export-levy-on-crude-palm-oil-amid-global-price-drops.md) | -1.4% | +1.8% |
| PALMOIL | 2020-12-03 | [Indonesia Raises Export Levy On Crude Palm Oil From Dec 10 - News - Innoleo](https://feedsoft.ai/events/49524-indonesia-raises-export-levy-on-crude-palm-oil-from-dec-10-news-innoleo.md) | +1.0% | +5.3% |

## Sources

- chinadaily.com.cn: https://www.chinadaily.com.cn/a/201806/26/WS5b32380aa3103349141deec2.html

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