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Indonesia and the EU are reconciling differing forest maps and supply chain data ahead of the EUDR deadline, which would bar commodities linked to deforestation. Indonesia is a major producer of palm oil, coffee, cocoa and rubber, and the discrepancies stem from differing definitions of forest.
Resolving data gaps reduces the risk Indonesian palm oil is shut out of EU demand, which supports palm oil supply flows and limits upside in prices.
news.mongabay.comHayat IndriyatnoAug 8, 2024After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
