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Indonesian President Widodo and Malaysian Prime Minister Mahathir agreed on August 9 to fight EU discriminatory palm oil measures. Indonesia's palm oil exports have also declined amid unfavorable regulations in some destination countries.
Export declines from regulatory barriers tighten palm oil flows to key markets, a mildly bullish signal for palm prices if supply stays ample, but ongoing trade friction keeps demand uncertain.
en.antaranews.comJoko Susilo, FardahAug 10, 2019After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% 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.
