
GAPKI and the palm oil plantation fund board said the EU still relies on imports of vegetable oils despite the EU Deforestation-Free Regulation taking effect in 2023. Indonesian officials said biodiesel demand in Europe is rising and Indonesia must improve sustainability to keep its share.
Continued EU import demand supports palm oil export demand, but EUDR compliance costs could shift trade toward other vegetable oils. The net effect on prices is mixed and mainly a longer-term consideration.
After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% over 20.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% 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.