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Indonesia's palm oil plantation fund agency said the sector supports 2.4 million smallholders and 16 million workers, with 2022 palm oil exports of about 34.67 million tons. The agency outlined strategies to respond to EU market pressure from the EUDR and biodiesel demand.
The agency's strategies aim to protect Indonesia's share of EU vegetable oil and biodiesel demand. The article offers policy context rather than a new supply or demand shock.
en.infosawit.comInfoSAWIT EnglishJun 9, 2023After 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.
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.
