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The EU is introducing rules to stop deforestation-linked products from being sold in its market, with the largest companies having until year-end to comply. A 3Keel analysis says the regulation is splitting the palm oil supply chain into compliant and non-compliant streams.
A split between compliant and non-compliant palm oil supply could create price premiums for certified volumes and discounts for the rest, affecting EU-bound palm oil pricing.
bloomberg.comAgnieszka de SousaMar 14, 2024After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
