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An analysis from CIFOR's TRADE Hub says Indonesia could benefit from the EU Deforestation Regulation if it resolves legality issues and stops forest conversion. It notes Indonesian palm oil is largely deforestation-free at the 2020 cut-off due to a three-to-four-year lag between clearing and production.
Indonesian palm oil's compliance advantage could support its share of EU demand relative to competitors, a modest bullish factor for palm oil versus rivals. The effect on feed-relevant prices is small.
cifor.orgDec 23, 2023After 548 past bullish policy events, PALMOIL 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.
