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Indonesia is seeking to expand crude palm oil exports to China after India and the EU, citing a likely Indian duty increase and an EU biofuel phase-out. China has removed palm oil from its import tariff quota management, which Indonesia welcomed.
Indonesia says it will raise yields rather than clear more forest to meet the demand.
Redirecting Indonesian exports toward China could ease pressure from potential Indian duties and EU biofuel cuts, supporting palm oil demand. Lower tariff-quota constraints in China could widen import flows and support prices.
india.mongabay.comAditi Tandon29 okt 2019Na 133 eerdere opwaarts handel-gebeurtenissen bewoog Palmolie zich mediaan +0,7% over 5 sessies (64% hoger; middelste helft -0,8% tot +2,3%), en +1,7% 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.
