Malaysia will not file a WTO lawsuit against EU restrictions on palm-based biofuel and will instead lobby the EU during a 2021 review. The EU has excluded palm oil from renewable energy targets, so palm diesel will be phased out from 2024.
Indonesia has already filed its WTO case, and the two countries plan joint talks with the EU.
Dropping the suit removes a near-term legal route to reopening EU biofuel demand, so the phase-out keeps palm's EU biofuel outlet under pressure.
Setelah 400 peristiwa kebijakan bearish sebelumnya, Minyak Sawit bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,3% sampai +1,1%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.