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An opinion piece argues that EU policies such as the German Supply Chain Act, adopted June 11, 2021, will harm ASEAN economies by burdening palm oil. It notes the EU is ASEAN's third trade partner and investor.
Expanding EU due diligence obligations may raise compliance costs for palm oil exporters from Indonesia and Malaysia, a possible bearish factor for palm oil over time.
thecspo.orgJun 30, 2021After 400 past bearish policy events, Palm Oil 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.
