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Indonesia is studying rules requiring palm oil exporters to trade part of their oil on local exchanges before shipping. The aim is a reference price for taxes and levies and greater supply transparency, after a temporary export suspension in April 2022 disrupted markets.
A mandated local exchange reference could alter export pricing and flows, adding uncertainty to palm oil supply and export premiums for global buyers.
businesstimes.com.sgJan 27, 2023After 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.
