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Malaysia's crude palm oil export duty collected in the first five months of 2021 rose fivefold to RM564.82 million, compared with the same period last year, because of higher prices. The Plantation Industries and Commodities Ministry said the government is studying mechanisms to share the benefits of higher prices more widely.
Palm oil exports and export earnings are also reported to have increased.
This is a fiscal and income report reflecting prices already high, with no new supply or demand shock. It has little direct effect on near-term palm oil prices.
themalaysianreserve.comZukri19 aug 2021Na 66 eerdere neutraal rapport-gebeurtenissen bewoog Palmolie zich mediaan +0,2% over 5 sessies (58% hoger; middelste helft -0,4% tot +2,0%), en +2,2% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
