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Malaysia is moving to escalate its WTO dispute with the European Union over the bloc's renewable energy directive, which restricts palm-based biofuels. Malaysia's request for a dispute panel was set to be formalised at a WTO meeting on May 28.
Malaysia exported 1.94 million tonnes of palm oil to the EU in 2020.
The EU rule would phase palm-based diesel out of transport use by 2030, which limits a key biofuel outlet for palm oil. Escalation extends uncertainty but does not change trade flows immediately.
malaymail.com28 mei 2021Na 158 eerdere neerwaarts handel-gebeurtenissen bewoog Palmolie zich mediaan +0,0% over 5 sessies (51% hoger; middelste helft -1,3% tot +0,8%), en -1,4% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
