Home News Broker's Calls

'Buy' winners of the change in Indonesia palm oil export tax structure: RHB

Khairani Afifi Noordin
Khairani Afifi Noordin6/9/2022 11:33 AM GMT+08  • 2 min read
'Buy' winners of the change in Indonesia palm oil export tax structure: RHB
The Indonesian government will be imposing a new US$200 per tonne special export tax for the DMO exemption.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

RHB Group Research analyst Hoe Lee Leng has maintained "neutral" on the plantation sector given the continued uncertainty of the export policy in Indonesia.

In her June 9 report, Hoe keeps "buy” on winners of the change in Indonesia’s palm oil export tax structure, which includes Bumitama Agri and Wilmar International.

The Indonesian government will be imposing a new US$200 per tonne special export tax for the domestic market obligation (DMO) exemption to allow companies to obtain shipment permits without having to wait to verify their domestic sales obligation.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now