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Malaysia's Finance Ministry has not objected to the biodiesel stabilisation fund proposed by the Primary Industries Ministry, according to Minister Teresa Kok. The fund would stabilise palm oil and fuel-related costs.
The ministry has also requested that 3% of the windfall tax on palm oil exporters be channelled into it.
Progress toward a fund that subsidises biodiesel blending supports palm oil demand from the fuel sector, which tends to be supportive for CPO prices.
themalaysianreserve.comZukri22 nov 2019Tras 548 eventos alcista de política pasados, Aceite de palma se movió una mediana de +0,4 % en 5 sesiones (61% al alza; mitad central entre -0,7 % y +2,1 %), y +0,9 % 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.
