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Sawit Watch director Achmad Surambo said biodiesel subsidies from B20 through B35 mainly benefited large palm oil companies, with Wilmar receiving the largest share. He cited total palm oil fund levy collections of Rp 70.99 trillion for 2019-2021 against Rp 68 trillion in subsidies to corporates, and an ongoing corruption probe into the fund.
The criticism concerns how biodiesel subsidies are distributed and could prompt policy scrutiny of the biodiesel mandate. Any resulting change to the subsidy structure would matter for domestic palm oil demand, but no change has been announced.
en.infosawit.comInfoSAWIT English3 oct 2023Tras 513 eventos neutral de política pasados, Aceite de palma se movió una mediana de 0,0 % en 5 sesiones (50% al alza; mitad central entre -1,6 % y +1,4 %), y -0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
