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Indonesia, the world's biggest palm oil producer, is expected to increase refined palm oil exports after raising its export levy to a progressive system of $55 to $255 per tonne. LMC International's James Fry said the change gives Indonesian refiners an advantage over Malaysian rivals, while Malaysia becomes more competitive in crude palm oil exports.
He also expects crude palm oil prices to fall later in 2021.
Shifting export flows from Malaysian crude palm oil toward Indonesian refined products reshapes palm trade and could pressure prices as the year progresses. Buyers of palm-based feed ingredients should expect changing supply sources.
brecorder.comReuters11 ene 2021Tras 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.
