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Indonesia's chief economic minister said the government plans to raise palm oil export levies, currently capped at US$50 per tonne, to fund expansion of its palm biodiesel program. The move is linked to the planned B30 mandate, which is projected to raise domestic CPO use by about 3 million tonnes.
Higher export levies and a larger domestic biodiesel mandate would divert palm oil from export markets, tightening global supply and supporting international prices. Feed buyers should expect firmer palm oil costs if the levy increase and B30 proceed.
biofuelsdigest.comMeghan Sapp26 feb 2020
theinsiderstories.comDesk Editor Insider27 feb 2020
businesstimes.com.sg26 feb 2020
poandpo.comChristian Fernsby26 feb 2020Na 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.
