
Malaysia will raise its crude palm oil export duty from 1 November, with rates of 8.5% to 10% depending on price band. Indonesia's combined export duty and levy also rises sharply for November, adding about US$54 per tonne.
Higher export taxes in the two largest producers can shift purchases ahead of the change and tighten exportable supply, supporting palm prices.
Setelah 548 peristiwa kebijakan bullish sebelumnya, Minyak Sawit bergerak median +0,4% selama 5 sesi (61% lebih tinggi; separuh tengah -0,7% sampai +2,1%), dan +0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Higher Malaysian and Indonesian export duties from Nov 1 spurred forward buying ahead of the changes and raised the cost of exported palm oil, supporting prices.
Higher Malaysian and Indonesian export duties from Nov 1 tighten export supply and spur pre-duty buying, supporting prices.
Higher export duties in Malaysia and Indonesia effective Nov 1 raise export costs and signal tighter exportable supply, supporting prices.