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Malaysia's Plantation and Commodities Minister warned that EU deforestation rules will reduce palm oil exports to the EU and could weaken global sales. The EU imported 1.47 million tonnes of Malaysian palm oil in 2022, down 10.5% year on year.
The minister called the rules a trade barrier and said the government will counter the campaign.
Expected loss of EU demand for Malaysian palm oil adds bearish pressure on palm oil prices, especially if buyers switch away from non-compliant supply. Reduced EU purchases would leave more product available for other markets.
theedgemalaysia.com7 mar 2023Tras 400 eventos bajista de política pasados, Aceite de palma se movió una mediana de -0,0 % en 5 sesiones (49% al alza; mitad central entre -1,3 % y +1,1 %), y +0,2 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
