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The EU and Malaysia issued a joint statement on continuing cooperation over the EU Deforestation-Free Regulation and how Malaysia's MSPO certification can provide assurances for EU buyers. The two sides agreed to keep trade flows in palm oil and other commodities uninterrupted.
Recognition of MSPO as a compliance pathway reduces the risk of EU market access loss for Malaysian palm oil, supporting export flows and limiting a bearish supply shock.
eeas.europa.euMay 18, 2024After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
