
India cut import taxes on crude and refined palm oil from ASEAN countries after a request from suppliers. Crude palm oil duty fell to 40 percent from 44 percent and refined to 50 percent from 54 percent, with Malaysian refined shipments taxed at 45 percent.
The cuts took effect on January 1, 2019.
The narrower duty gap with soyoil and sunflower oil is expected to raise palm oil imports from India in the coming months. This supports palm oil prices and weighs on competing soyoil.
과거 상승 무역 이벤트 133건 이후, 팜유은 5거래일 동안 중앙값 +0.7% 변동(상승 64%; 중간 50% 범위 -0.8%~+2.3%), 20거래일 동안 +1.7%.
과거 하락 무역 이벤트 152건 이후, 대두유은 5거래일 동안 중앙값 -0.2% 변동(상승 47%; 중간 50% 범위 -2.1%~+2.1%), 20거래일 동안 -0.1%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
India's duty cuts on crude (44% to 40%) and refined (54% to 50%) palm oil effective Jan 1 lower landed cost and raise import demand, the main trade catalyst for the rally.
The India duty cut on ASEAN palm oil effective Jan 1 (Malaysia benefiting most) lowers landed costs and boosts expected demand, which is the core trade-flow driver of the price jump.