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Malaysia has agreed to nominate experts to the European Commission's Expert Panel on Indirect Land Use Change, which will influence the future use of palm oil in the EU biofuel mix under RED II. The minister said the panel would allow consultation with palm producers on scientific principles.
The panel's outcome will shape whether palm oil keeps its place in EU biofuel demand, so participation is a process step rather than an immediate price driver.
thestar.com.myThe Star OnlineOct 7, 2018After 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.
