
Indonesia issued Ministry of Finance Regulation No. 136/PMK.05/2019 on December 4, 2018, exempting palm oil and derivative product exports from the plantation fund tariff. The exemption is listed as liberalising and is set to be revoked on February 28, 2019.
The measure follows the broader levy changes.
Removing the plantation fund tariff lowers export costs for Indonesian palm products and adds supply to an oversupplied market. This is bearish for palm oil prices while the exemption remains in force.
Setelah 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.