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Indonesia plans to revise its palm oil export levy so collections rise with export prices, with a $5 increase for every $25 rise in price. The current flat $55 per tonne levy has applied since June.
The levy funds the gap between palm-based biodiesel costs and crude oil prices, which widened after crude's 2020 slump.
A price-linked levy would raise exporters' costs when palm prices climb, which could cap export competitiveness and pressure palm prices, while funding the B30 biodiesel mandate that supports domestic demand.
english.kontan.co.idWahyu Tri Rahmawati8 sept 2020
thesun.myThe Sun Webdesk8 sept 2020Tras 400 eventos bajista de política pasados, Aceite de palma se movió una mediana de -0,0 % en 5 sesiones (49% al alza; mitad central entre -1,3 % y +1,1 %), y +0,2 % 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.
