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Indonesia's Palm Oil Draft bill, a regulation intended to protect palm oil as a national strategic commodity, failed to pass in 2017 and has been carried over to the 2018 National Legislation Program. An industry analyst outlined arguments for the draft, including smallholder share of about 41% of national palm oil area and palm oil's contribution to revenue and employment.
A palm oil law granting protection and subsidies could support Indonesian production and domestic demand, a bullish factor for palm oil over time, though the timing and content remain uncertain.
en.infosawit.comInfoSAWIT EnglishDec 27, 2017After 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.
