Indonesia has revised palm oil-related export taxes, including substantial increases on used cooking oil (UCO) and palm oil mill effluent (POME) exports. The changes are intended to keep renewable fuel feedstocks in the domestic market.
The report cites sources familiar with the decision.
Higher export costs on biofuel feedstocks redirect supply to domestic biodiesel production, reducing export availability and affecting global feedstock prices.
After 513 past neutral policy events, PALMOIL moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
After 196 past neutral policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% 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.