# Regional Quarantine Ease in China, Bringing Fresh Breeze on CPO

> The ICDX CPO benchmark rose 8.09% in a week to IDR 14,295 per kg, driven by hopes for stronger Chinese demand. China said it would stop requiring quarantine for tourists from January 8, 2023, and Indonesia set B35 biodiesel blending to start February 1, 2023.

- Date: 2023-01-05 · published 2023-01-05T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/9246-regional-quarantine-ease-in-china-bringing-fresh-breeze-on-cpo
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

China's reopening could lift palm oil import demand, and Indonesia's B35 mandate would absorb more palm oil domestically, together supporting palm oil prices and tightening vegetable oil supply.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-11-01 | [November CPO Price Increase Influenced By Requests From India And China](https://feedsoft.ai/events/4982-november-cpo-price-increase-influenced-by-requests-from-india-and-china.md) | +9.9% | +9.2% |
| PALMOIL | 2018-01-08 | [CPO export duty removal lauded, but trade war brewing \| Borneo Post Online](https://feedsoft.ai/events/67076-cpo-export-duty-removal-lauded-but-trade-war-brewing-borneo-post-online.md) | -1.0% | -1.4% |
| PALMOIL | 2024-10-02 | [Rising CPO Prices Affected By Increased Demand From India](https://feedsoft.ai/events/7239-rising-cpo-prices-affected-by-increased-demand-from-india.md) | +3.6% | +5.8% |
| PALMOIL | 2024-01-15 | [Regulation on deforestation-free supply chains – 12 months left](https://feedsoft.ai/events/32132-regulation-on-deforestation-free-supply-chains-12-months-left.md) | -0.2% | -1.4% |
| PALMOIL | 2023-11-15 | [Regulation (EU) 2023/1115 on deforestation-free products](https://feedsoft.ai/events/33210-regulation-eu-2023-1115-on-deforestation-free-products.md) | +0.9% | -3.4% |
| SBO | 2026-02-04 | [Palm Oil Magazine - B50 Incentive Fund Seen Reaching IDR 65 Trillion, Prompting Call to Raise CPO Export Levy - Palm Oil Magazine](https://feedsoft.ai/events/15493-palm-oil-magazine-b50-incentive-fund-seen-reaching-idr-65-trillion-prompting.md) | +2.6% | +11.1% |
| SBO | 2022-06-27 | [Food export bans, from India to Argentina, risk fueling inflation](https://feedsoft.ai/events/14025-food-export-bans-from-india-to-argentina-risk-fueling-inflation.md) | -4.6% | -13.0% |
| SBO | 2019-07-11 | [Government lowers export duties on products from regional economies](https://feedsoft.ai/events/57928-government-lowers-export-duties-on-products-from-regional-economies.md) | -1.0% | -0.0% |

## Sources

- icdx.co.id: https://www.icdx.co.id/news-detail/publication/regional-quarantine-ease-in-china-bringing-fresh-breeze-on-cpo

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