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The Indonesian Palm Oil Association will hold its annual International Palm Oil Conference online in 2021, with the President and a minister expected to speak. Officials noted that crude palm oil prices had risen and that the combined export tax and levy totals about US$375/ton, with the total tax reaching about 30%.
Indonesia's export tax and levy structure directly shapes the export price of crude palm oil. Rising CPO prices and the tax burden together influence palm oil trade flows and next-year price expectations.
en.infosawit.comInfoSAWIT EnglishNov 22, 2021After 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.
