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Indonesia has slightly lowered its export levy and duty rates for palm-based renewable fuel feedstocks, including palm oil mill effluent and used cooking oil. The change comes as crude palm oil prices dip.
Lower levies on waste-based feedstocks make these exports marginally more competitive, but the change is small and has limited effect on crude palm oil prices.
After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.