The adjustment of Indonesia's palm oil export policy is expected to be further delayed

Gold Ten Futures, August 12, according to foreign media reports, market participants said that the market's long-awaited export tariffs and special project taxes on palm oil, its derivatives and scraps, as well as adjustments to domestic market obligations, are facing further delays. Traders, suppliers and buyers of biofuel feedstocks have been closely monitoring potential changes, especially the adjustment of export tariffs and special project taxes on palm oil plant wastewater (Pome) oil and used edible oil (UCO). Indonesia's trade ministry had expected to finalize these changes earlier this month, but market participants now expect that the announcement may be delayed until after the new Indonesian government is sworn in in September or October. But everyone agrees that the actual timetable is difficult to predict.