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Indonesian industry stakeholders say the European Parliament's call to stop importing palm-based biodiesel by 2020 would harm the EU economy and environment. They argue palm oil is the cheapest biofuel feedstock and that rapeseed and sunflower would need more land.
A planned EU ban on palm-based biofuel imports would remove a major source of palm demand and weigh on prices.
thejakartapost.comStefani RibkaApr 18, 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.
