Laden…
A union of Indonesian oil palm smallholders is challenging in court the allocation of the Indonesian Oil Palm Plantation Fund, which collected 14.2 trillion rupiah ($1.03 billion) in 2017. The union says only 1% went to replanting while 89% went to biodiesel subsidies.
The government has promised to shift the split to 22:70 this year and defends the subsidy as necessary to keep biodiesel competitive.
The biodiesel subsidy supports palm oil demand by making biodiesel output viable, while replanting funds affect future palm supply. A court ruling that reallocates the fund could shift palm oil demand and supply over time.
news.mongabay.comHans Nicholas Jong24 apr 2018Na 513 eerdere neutraal beleid-gebeurtenissen bewoog Palmolie zich mediaan 0,0% over 5 sessies (50% hoger; middelste helft -1,6% tot +1,4%), en -0,1% 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.
