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A Royal Golden Eagle palm business director said Indonesian palm oil exports are now dominated by downstream products such as RBD olein and oleochemicals. He attributed this shift to export tariff policy and fund support for downstream industries, and said Indonesia's biodiesel market is about 9-10 million kiloliters, with a possible move from B30 to B40.
A shift toward processed exports reduces demand for raw CPO and changes the palm oil product mix. Any move from B30 to B40 would add domestic biodiesel demand and tighten palm oil supply for export.
en.infosawit.comNov 12, 2021After 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.
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.
