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Indonesia's Corruption Eradication Commission found governance problems in the palm oil sector, including weak licensing controls, ineffective plantation fund management, and uneven export levy use. It reported that most CPO export levy funds subsidise biodiesel, with large groups receiving the biggest share.
Governance reform could change how levy funds flow to biodiesel, affecting domestic palm oil demand, but the effect on prices is speculative at this stage.
en.infosawit.comInfoSAWIT EnglishSep 9, 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.
