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CropGPT - Palm - Week 38
Global Palm Market Highlights
- Indonesia: Export decline due to biodiesel policies; new export levy introduced; mandate increase to 40% in 2025.
- Malaysia: Facing competition and higher Indian import taxes; focusing on sustainability and boosting productivity.
- India: Raised palm oil import taxes; shifting demand to soybean and sunflower oils.
- Global: EU deforestation rules impacting supply chains; emphasis on sustainability and compliance.
Visit CropGPT for more details.
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By HSATGlobal Palm Market Highlights
- Indonesia: Export decline due to biodiesel policies; new export levy introduced; mandate increase to 40% in 2025.
- Malaysia: Facing competition and higher Indian import taxes; focusing on sustainability and boosting productivity.
- India: Raised palm oil import taxes; shifting demand to soybean and sunflower oils.
- Global: EU deforestation rules impacting supply chains; emphasis on sustainability and compliance.
Visit CropGPT for more details.