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Malaysia's plantation ministry said no decision has been made on extending the palm oil export duty exemption, which ends on December 31, 2020. The exemption was introduced in June to support exports during the coronavirus demand slump.
Industry players are awaiting Indonesia's decision on raising its own palm export levies.
Reinstating Malaysia's export tax would make its refined palm oil more competitive and could prompt a rush to export crude palm oil before January. Indonesia's levy decision will also shape the regional palm oil spread and export flows.
businesstimes.com.sg30 Nov 2020Setelah 513 peristiwa kebijakan netral sebelumnya, Minyak Sawit bergerak median 0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,6% sampai +1,4%), dan -0,1% 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.
