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The Malaysian Palm Oil Association dismissed heavy impact from an EU palm oil ban, saying other markets and rising domestic consumption can absorb supply. It pointed to Indonesia's B30 biodiesel mandate as a demand driver.
An EU ban would remove a biofuel-linked import market, but industry expects redirection to other buyers and biofuel demand, limiting the expected price impact.
beta.malaymail.comDANIAL DZULKIFLYJan 25, 2020After 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.
