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The Indonesian palm oil plantation fund agency is preparing investment rules for the levy-funded pool, which holds Rp 2-4 billion. The agency says the fund will not affect biodiesel development.
The Corruption Eradication Commission has questioned how effective the palm oil tax control system is.
The levy fund pays for biodiesel subsidies, so how it is invested and governed affects the scale of future biodiesel support. Governance concerns could lead to tighter oversight, but near-term price impact is limited.
en.infosawit.comMay 8, 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.
