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Indonesia intends to challenge the EU's RED II renewable energy directive at the WTO, arguing it unfairly targets palm oil. Jakarta says palm oil will be labelled high risk in a delegated act due in early February and is reviewing ties with the EU.
The EU accounted for about 15 percent of Indonesia's palm exports, worth over $15 billion last year.
A WTO dispute and possible trade friction with the EU could disrupt palm oil flows to Europe and weigh on palm prices, while the high-risk label cuts EU biofuel demand.
gmanetwork.comGAYATRI SUROYO, FRANSISKA NANGOY, Reuters31 ene 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.
