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The European Commission has proposed anti-subsidy duties of 8% to 18% on biodiesel imports from Indonesia. The Commission cites export financing, tax breaks and below-market palm oil supplied to producers.
Indonesia plans to challenge the duties, and the case follows a March EU decision to phase palm oil out of renewable transport fuel.
Duties would make Indonesian biodiesel less competitive in the EU, reducing palm oil demand from that channel. This is bearish for palm oil prices, particularly for Indonesian supply.
thestar.com.myThe Star Online25 jul 2019Tras 158 eventos bajista de comercio pasados, Aceite de palma se movió una mediana de +0,0 % en 5 sesiones (51% al alza; mitad central entre -1,3 % y +0,8 %), y -1,4 % 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.
