Loading…
Indonesia's Industry Ministry selected the Berau industrial estate in East Kalimantan as the downstream palm oil hub for Kalimantan. The site will be one of the palm oil centres under the Palm Oil Green Economic Zone scheme, producing biodiesel, olein and stearin.
Downstream processing capacity can add refining and biodiesel output that absorbs crude palm oil over time. The project is a long-term structural development with little immediate effect on prices.
indonesia-investments.comIndonesia InvestmentsDec 6, 2016After 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.
