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At the WTO Trade Policy Review on July 5, Indonesia criticised EU policy and rising trade barriers on palm oil products. Indonesia said the European Parliament's April 2017 palm oil resolution discriminates against its products.
The EU delegation replied that the resolution does not bind the European Commission.
The dispute keeps trade barrier risk on Indonesian palm oil exports to the EU in focus, but without a binding measure the immediate price effect is limited.
en.republika.co.idReiny DwinandaJul 6, 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.
