# Government imposes zero-dollar exit tax on CPO - ANTARA News

> Indonesia set a zero-dollar crude palm oil export tax for June 2017 because the reference price fell to $723.37 per tonne, below the $750 threshold. The reference price was down $8.64, or 1.18%, from May.

- Date: 2017-06-01 · published 2017-06-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/70366-government-imposes-zero-dollar-exit-tax-on-cpo-antara-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The zero tax leaves Indonesian exports unburdened, but the falling reference price signals softer export values for palm oil.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-09-09 | [Palm Oil News - CEC Suggested to Improve the Palm oil Plantation Governance](https://feedsoft.ai/events/62899-palm-oil-news-cec-suggested-to-improve-the-palm-oil-plantation-governance.md) | -1.2% | -2.4% |
| PALMOIL | 2017-05-08 | [Palm Oil News - Choose the Investment so that the CPO Tax Keeps Running](https://feedsoft.ai/events/70910-palm-oil-news-choose-the-investment-so-that-the-cpo-tax-keeps-running.md) | +2.1% | -1.3% |
| PALMOIL | 2023-01-30 | [BI optimizes forex management to maintain rupiah stability - ANTARA News](https://feedsoft.ai/events/38098-bi-optimizes-forex-management-to-maintain-rupiah-stability-antara-news.md) | -0.9% | +1.5% |
| PALMOIL | 2019-08-10 | [Jokowi, Mahathir agree to fight EU's palm oil discrimination - ANTARA News](https://feedsoft.ai/events/57465-jokowi-mahathir-agree-to-fight-eu-s-palm-oil-discrimination-antara-news.md) | +0.4% | +1.9% |

## Sources

- en.antaranews.com: https://en.antaranews.com/news/111186/government-imposes-zero-dollar-exit-tax-on-cpo

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