# Govt will impose export duties on CPO

> Indonesia's government plans to impose a palm oil export duty, which analysts say will pressure margins at plantation firms with large export volumes. Analysts said firms focused on domestic sales face limited impact. The article also notes growing domestic demand tied to biodiesel blending policy.

- Date: 2017-01-09 · published 2017-01-09T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/72869-govt-will-impose-export-duties-on-cpo
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The export duty reduces the export share of Indonesian palm oil and supports domestic biodiesel demand, which is generally supportive of palm oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-07-15 | [Gov’t Reimposes Export Duty after CPO Prices Rebound](https://feedsoft.ai/events/15717-gov-t-reimposes-export-duty-after-cpo-prices-rebound.md) | +1.2% | -3.2% |
| PALMOIL | 2023-01-18 | [Production drops, CPO export duty up 42%](https://feedsoft.ai/events/15760-production-drops-cpo-export-duty-up-42.md) | +1.3% | +1.2% |
| PALMOIL | 2019-05-02 | [Take advantage of CPO export duty exemption, urges Kok](https://feedsoft.ai/events/58955-take-advantage-of-cpo-export-duty-exemption-urges-kok.md) | -3.3% | -3.6% |
| PALMOIL | 2020-10-28 | [Will CPO price rally continue in Q1 2021? Depends on whether govt continues with export duty exemption, says Sime Darby Oils CEO \| Malay Mail](https://feedsoft.ai/events/50515-will-cpo-price-rally-continue-in-q1-2021-depends-on-whether-govt-continues-with.md) | +3.6% | +12.6% |
| PALMOIL | 2021-07-08 | [Palm Oil News - Indonesian Government Imposed New Palm Oil Export Levies as of July 2](https://feedsoft.ai/events/45938-palm-oil-news-indonesian-government-imposed-new-palm-oil-export-levies-as-of.md) | +3.2% | +9.5% |

## Sources

- english.kontan.co.id: https://english.kontan.co.id/news/govt-will-impose-export-duties-on-cpo

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