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T&E commissioned a law firm analysis concluding that phasing out palm oil as a biofuel feedstock is compatible with WTO rules on environmental protection grounds. The analysis relies on a Cerulogy report identifying emissions and deforestation links for palm and soy.
A finding that the EU restriction is WTO-compliant weakens Malaysian and Indonesian legal challenges, improving the odds the palm biodiesel phase-out proceeds and keeping palm oil demand under pressure.
transportenvironment.orgMar 12, 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.
