Loading…
A Malaysiakini commentary argues that palm oil yields far exceed rapeseed, soybean and sunflower, and criticises EU parliamentary moves against palm oil. It notes palm oil prices have ranged from RM2,700 to RM3,600 per tonne.
The EU palm oil restriction debate matters for vegetable oil demand, but this opinion piece reports no new policy action.
malaysiakini.comRais HussinFeb 19, 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.
After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% 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.
