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Indonesia plans to revise its palm oil export levy so collections rise with export prices, with a $5 increase for every $25 rise in price. The current flat $55 per tonne levy has applied since June.
The levy funds the gap between palm-based biodiesel costs and crude oil prices, which widened after crude's 2020 slump.
A price-linked levy would raise exporters' costs when palm prices climb, which could cap export competitiveness and pressure palm prices, while funding the B30 biodiesel mandate that supports domestic demand.
english.kontan.co.idWahyu Tri Rahmawati8 Sep 2020
thesun.myThe Sun Webdesk8 Sep 2020Setelah 400 peristiwa kebijakan bearish sebelumnya, Minyak Sawit bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,3% sampai +1,1%), dan +0,2% 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.
