
Indonesian officials say a palm oil fund subsidy of about $50 per ton could raise CPO prices over time by supporting biodiesel. The Indonesian Palm Oil Producers Association and the fund's director discussed biodiesel absorption, with 71% of collected funds distributed to subsidise biodiesel.
The program is targeted to expand toward 2020.
A government-funded biodiesel subsidy that expands domestic palm oil demand is a structural support for palm oil prices, though the effect is described as gradual.
Setelah 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.