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Indonesia's chief economic minister said the government plans to raise palm oil export levies, currently capped at US$50 per tonne, to fund expansion of its palm biodiesel program. The move is linked to the planned B30 mandate, which is projected to raise domestic CPO use by about 3 million tonnes.
Higher export levies and a larger domestic biodiesel mandate would divert palm oil from export markets, tightening global supply and supporting international prices. Feed buyers should expect firmer palm oil costs if the levy increase and B30 proceed.
biofuelsdigest.comMeghan Sapp26 Feb 2020
theinsiderstories.comDesk Editor Insider27 Feb 2020
businesstimes.com.sg26 Feb 2020
poandpo.comChristian Fernsby26 Feb 2020Setelah 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.
