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Indonesia's trade ministry research body proposed removing the CPO export levy price threshold and reverting to a fixed per-ton levy structure, as under PMK 81/2018. The proposal is for the government to consider and no decision has been announced.
A switch to a fixed levy would change the cost of exporting palm oil at high prices and could alter export flows, creating uncertainty for palm oil pricing.
investor.idSanya DindaFeb 9, 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.
