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.
Na 400 eerdere neerwaarts beleid-gebeurtenissen bewoog Palmolie zich mediaan -0,0% over 5 sessies (49% hoger; middelste helft -1,3% tot +1,1%), en +0,2% 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.