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Malaysia's Ministry of Primary Industries is negotiating with the Ministry of Finance to create a biodiesel stabilisation fund. The proposal would send 3% of the windfall tax on palm oil exporters into the fund, which would subsidise biodiesel blending when CPO prices exceed diesel prices.
Blending upgrades were also agreed at 35 petroleum terminals.
A fund that subsidises biodiesel blending would support domestic palm oil demand and could help keep CPO prices firm, while the windfall tax link ties the scheme to export revenue.
theborneopost.comeditoron21 nov 2019Na 548 eerdere opwaarts beleid-gebeurtenissen bewoog Palmolie zich mediaan +0,4% over 5 sessies (61% hoger; middelste helft -0,7% tot +2,1%), en +0,9% 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.
