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Malaysia and Indonesia plan to coordinate on a possible WTO complaint against EU palm oil biofuel limits that take effect June 10. Talks are delayed until Indonesia's new cabinet is settled, likely around July.
Trade friction over EU biofuel restrictions keeps palm oil demand uncertain, and any WTO action would be a slow process with limited near-term price impact.
themalaysianreserve.comDayang NorazharMay 27, 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.
