
A commentary says the EU-ASEAN ministerial meeting failed to upgrade ties to a strategic partnership, largely because Malaysia and Indonesia objected to the EU plan to phase out palm oil in biodiesel. Around half of EU palm oil imports go to biodiesel, and Indonesia's palm oil exports are worth about US$19 billion a year.
The unresolved dispute over the EU phase-out of palm oil biodiesel use leaves a long-term demand risk for palm oil, with no immediate supply change.
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.