
Harry Hartanto, head of the South Sumatra palm oil association (GAPKI), said the government's crude palm oil export levy remains relevant because its proceeds fund replanting, road repairs and biodiesel subsidies. He responded to a smallholder group's call to scrap the levy.
He noted that palm oil prices have fallen to a six-year low amid high global supply.
Keeping the levy funds domestic biodiesel subsidies, which can absorb surplus palm oil, but it also widens the gap between Indonesian and world prices. Net effect on global palm oil prices is limited while the levy stays in place.
Na 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.