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Malaysia's plantation ministry said no decision has been made on extending the palm oil export duty exemption, which ends on December 31, 2020. The exemption was introduced in June to support exports during the coronavirus demand slump.
Industry players are awaiting Indonesia's decision on raising its own palm export levies.
Reinstating Malaysia's export tax would make its refined palm oil more competitive and could prompt a rush to export crude palm oil before January. Indonesia's levy decision will also shape the regional palm oil spread and export flows.
businesstimes.com.sg30.11.2020Nach 513 vergangenen Ereignisse (neutral, Politik) bewegte sich Palmöl im Median über 5 Handelstage um 0,0 % (50% höher; mittlere Hälfte -1,6 % bis +1,4 %) und über 20 Handelstage um -0,1 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
