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The Jakarta Post, via PwC, argues that the EU's draft deforestation rule requiring fully segregated palm oil for every shipment could shut out about four million Indonesian smallholders. President Widodo raised trade discrimination concerns with the European Commission ahead of the G20 summit.
Segregation requirements could fragment Indonesian palm oil supply into EU-eligible and ineligible streams, tightening EU availability and supporting prices for compliant oil.
pwc.comPricewaterhouseCoopersNov 17, 2022After 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.
