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A CIFOR-ICRAF roundtable in Jakarta and online with 79 participants called for more details on the proposed EU deforestation regulation. Producers and officials said it was unclear what actions would be required and what consequences would follow.
Palm oil, cattle, soy, coffee and other commodities are covered, and companies must conduct strict due diligence.
Lack of clarity on requirements raises compliance risk for palm oil and soy exporters, which could slow trade or add costs. Clearer rules would help the market price in the impact.
forestsnews.orgSandra CordonJul 14, 2023After 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.
After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% 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.
