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Johor state government is in discussions with Cyprus about possibly importing palm oil from Johor, according to Mentri Besar Osman Sapian. Cyprus wants to become a palm oil hub within the Mediterranean region.
The article also notes Indonesia's tiered export levy structure, with no levy below $570 per tonne and rising charges above that.
A possible new export outlet is a minor demand signal for Malaysian palm oil, but it is a preliminary discussion with no volumes or timeline. The price impact is limited.
thestar.com.myMOHD FARHAAN SHAH16 Jan 2019Setelah 67 peristiwa perdagangan netral sebelumnya, Minyak Sawit bergerak median +0,0% selama 5 sesi (51% lebih tinggi; separuh tengah -1,1% sampai +1,3%), dan +0,6% 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.
