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Indonesia's trade ministry says palm oil faces numerous tariff and non-tariff barriers, especially in the EU, where RED II sustainability rules and a French biofuel tax incentive removal weigh on exports. Ministry officials are pursuing bilateral and regional negotiations to reduce these barriers.
Persistent trade barriers limit palm oil export demand in key markets, which can weigh on prices, though the article describes ongoing negotiations rather than a concrete change.
ekonomi.bisnis.comIim Fathimah TimorriaApr 1, 2021After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% 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.
