Loading…
A CSIS blog argues the EU deforestation rule is unworkable for Indonesia and Malaysia, which together produce 85 percent of world palm oil, and notes both countries have filed WTO complaints. It recommends the EU restructure dialogue with the two nations.
Trade disputes and possible EU market restrictions on palm oil could tighten Southeast Asian export availability and support palm oil prices, though the outcome remains uncertain.
csis.orgBlog Post by Lauren MaiMay 30, 2024After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), 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.
