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Palm oil consultant James Fry said the EU Parliament resolution to phase out palm-based biofuels after 2020 discriminates against palm oil and conflicts with ISCC certification. He noted that 99% of palm oil biofuel used in the EU was certified last year.
This is an industry opinion on a policy already under debate, with no new measure. It signals continued Malaysian resistance that could affect the final EU decision.
theborneopost.comJan 18, 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.
