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Malaysian industry consultant MR Chandran said the EU's deferral of the palm biofuel ban to 2030 gives Malaysia 12 years to improve sustainability. He urged a moratorium on land expansion, noting palm oil exports are worth about US$20 billion a year.
The long runway to 2030 eases near-term demand risk, but sustainability pressure could constrain future palm output growth and support prices over time.
themalaysianreserve.comDayang NorazharJun 27, 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.
