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Indonesia's foreign minister protested the EU palm oil resolution, which cites Indonesian plantations as a driver of deforestation and fires. Indonesia said it would update the issue with its own research and is aligned with Malaysia in rejecting the resolution.
Ongoing EU opposition to palm oil could restrict demand for palm oil and its feed-linked by-products, a modest bearish risk for palm oil prices.
en.infosawit.comAug 10, 2017After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
