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Indonesia's Ministry of Trade announced on December 14, 2017 that the anti-dumping duty on palm oil fatty alcohol exports to the EU has been revoked. The article notes a WTO dispute over the EU's underlying duty, which dates from 2011.
Removal of the EU anti-dumping duty improves export access for Indonesian fatty alcohol, a minor support for palm-derived chemical demand with little direct effect on CPO prices.
en.infosawit.comDec 19, 2017After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% 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.
