# Indonesia to keep crude palm oil, cocoa export taxes unchanged in May | The Star

> Indonesia will keep its crude palm oil export tax at zero for May, the thirteenth month in a row, because reference prices are below the $750 per tonne threshold. The cocoa export tax will stay at 5% for a second month. The trade ministry announced the decision on Thursday.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/65414-indonesia-to-keep-crude-palm-oil-cocoa-export-taxes-unchanged-in-may-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A zero CPO export tax keeps Indonesian palm oil competitive in export markets, supporting steady supply flows. The unchanged decision is expected to have little effect on prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-06-20 | [Malaysia keeps July crude palm oil export duty at 0% \| The Star](https://feedsoft.ai/events/58467-malaysia-keeps-july-crude-palm-oil-export-duty-at-0-the-star.md) | -0.9% | -1.8% |
| PALMOIL | 2017-08-16 | [Malaysia to keep September crude palm oil export tax at 5.5pc \| Malay Mail](https://feedsoft.ai/events/69313-malaysia-to-keep-september-crude-palm-oil-export-tax-at-5-5pc-malay-mail.md) | +1.6% | +10.0% |
| PALMOIL | 2023-10-11 | [Indonesia to launch crude palm oil futures exchange on Oct 13](https://feedsoft.ai/events/33744-indonesia-to-launch-crude-palm-oil-futures-exchange-on-oct-13.md) | +3.0% | +4.9% |
| PALMOIL | 2021-01-11 | [Indonesia refined palm oil exports to rise in 2021 on tax changes - Markets - Business Recorder](https://feedsoft.ai/events/49037-indonesia-refined-palm-oil-exports-to-rise-in-2021-on-tax-changes-markets.md) | -6.2% | -12.3% |
| PALMOIL | 2023-10-20 | [Cargoes begin trading on Indonesia's ICDX crude palm oil exchange](https://feedsoft.ai/events/33742-cargoes-begin-trading-on-indonesia-s-icdx-crude-palm-oil-exchange.md) | -0.4% | +5.9% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/04/27/indonesia-to-keep-crude-palm-oil-cocoa-export-taxes-unchanged-in-may/

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