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A new round of EU-Indonesia free trade negotiations began in Brussels, with forest governance proposed as a central issue. The article recalls the European Parliament's 2017 palm oil resolution and the watered-down final EU crop-based biofuel agreement, which delayed phase-out by 12 years and removed palm oil references.
The softened EU biofuel rules reduce the risk of lost palm biofuel demand, while the trade talks could ease or complicate Indonesian palm oil access to EU markets.
fern.orgPerrine FournierJul 10, 2018After 133 past bullish trade events, Palm Oil moved a median +0.7% over 5 sessions (64% higher; middle half -0.8% to +2.3%), and +1.7% 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.
