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Indonesia's government stated on September 10 that export duties on palm oil and other agricultural products are meant to protect domestic supply and stabilise prices, not to hinder exports. Palm oil, CPO and derivatives are among the few commodities subject to export duty under current rules.
The export duty regime limits Indonesian palm oil export competitiveness and supports international palm prices, while signalling continued use of levies to secure domestic biodiesel and food supply.
wartaekonomi.co.idEllisa Agri ElfadinaSep 10, 2021After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
