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Sabah and Sarawak palm oil planters are urging the government to review heavy industry taxes in Budget 2019. They propose subsidies when CPO falls below RM2,500 per tonne and windfall levies above RM3,000, citing volatile prices and El Niño weather.
Tax and levy changes affect planter margins and output decisions, and the stated El Niño risk could tighten future palm supply.
theborneopost.comOct 20, 2018After 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.
