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Indonesia's chief economic minister said the government plans to raise palm oil export levies, currently capped at US$50 per tonne, to fund expansion of its palm biodiesel program. The move is linked to the planned B30 mandate, which is projected to raise domestic CPO use by about 3 million tonnes.
Higher export levies and a larger domestic biodiesel mandate would divert palm oil from export markets, tightening global supply and supporting international prices. Feed buyers should expect firmer palm oil costs if the levy increase and B30 proceed.
biofuelsdigest.comMeghan Sapp26 feb 2020
theinsiderstories.comDesk Editor Insider27 feb 2020
businesstimes.com.sg26 feb 2020
poandpo.comChristian Fernsby26 feb 2020Tras 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.
