Loading…
R.E.A. Holdings updates its selling price disclosures after Indonesia changed its export duty and levy structure effective July 1, 2021.
The company notes that the CPO reference price is expected to be revised to $1,094 per tonne in July.
Indonesian export duty and levy changes shift the local CPO price relative to international benchmarks, which affects palm oil supply flows and prices.
investegate.co.ukInvestegateJun 30, 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.
