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Indonesian biodiesel producers are seeking new export markets after US anti-subsidy and anti-dumping duties on palm-based biodiesel. The final anti-subsidy rates were 34.45 to 64.73 percent.
Indonesian stakeholders plan appeals to the US Federal Court and the WTO.
Lost US demand may push more Indonesian biodiesel into other markets or leave it at home, adding pressure on palm oil prices.
indonesia-investments.comIndonesia InvestmentsNov 21, 2017After 158 past bearish trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +0.8%), and -1.4% 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.
