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Indonesia's trade ministry outlined four approaches to resolve problems with its crude palm oil exports, including tariff and non-tariff barriers, business matching, direct exports to Africa, and promotion campaigns. The ministry cited EU and US biodiesel issues, UK and Australia environmental and certification concerns, and tariffs in India and Pakistan.
These are policy intentions rather than immediate changes, so the direct effect on palm prices is small. Continued trade barriers in key markets could still limit Indonesian export volumes over time.
gapki.idadminMay 17, 2021After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% 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.
