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An industry overview of Malaysian palm oil reviews 2018, a year marked by US-China trade disputes and financial volatility. It criticises the European Parliament's vote to exclude palm oil biofuels earlier under the Renewable Energy Directive II.
The EU's earlier exclusion of palm oil biofuels from renewable mandates would cut a key demand outlet for palm oil, pressuring Malaysian export prices and margins over the longer term.
gofbonline.comgofb-admJun 24, 2019After 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.
