
Indonesian farmers say the European Parliament's move to ban palm oil in biofuels threatens their incomes. The ban follows a British grocer's decision to stop using palm oil over environmental concerns.
Europe was among the biggest palm oil consumers, with about half of its palm oil use last year going to biofuels.
Losing the EU biofuel market would reduce demand for palm oil and push prices down. Lower prices would ease vegetable oil costs for feed buyers but hurt producer margins.
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.