date:Jan 25, 2019
omestic consumption for biodiesel and lower 2019 production, said the planter in Indonesia.
Survey respondents expect demand in key export markets to rise this year, largely driven by top-buyer India where import duties have been cut.
India reduced import taxes at the start of the year, though the rates are still higher than before an initial hike from last March.
However, downward pressure on prices for rival oilseed soybeans amid the Sino-U.S. trade war could also drag on palm markets in 20