EU Imposes Duties On Indonesian Palm Oil Products

In order to protect its market from competition, the European Union placed anti-dumping taxes on fatty acids from Indonesia, one of which is palm oil.

« Dumping imports hurt the EU industry since it was unable to match the prices of Indonesian acids. The EU lost market share as a result of this. » According to a paper posted on the European Commission website, fatty acids are frequently utilized in foods, cosmetics, and medications.

The range of the imposed duties is 15.2% to 46.4%.


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