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The US Court of International Trade issued a public opinion on November 21, 2023 in the Wilmar Trading v. United States case concerning antidumping duties on biodiesel from Indonesia.
The court sustained Commerce's adverse facts available determination for P.T. Musim Mas and remanded other parts of the remand results.
The ruling keeps US duties on Indonesian biodiesel in place for key exporters, which limits Indonesian palm-based biodiesel flows into the US and supports US biodiesel demand.
law.justia.comNov 21, 2023After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
