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The Roundtable on Sustainable Palm Oil announced its 2023 Sustainable Palm Oil Dialogue Europe event for 14 June in Frankfurt, focused on implementing the EU deforestation regulation. The regulation was provisionally agreed in December and is likely to be confirmed in April.
Retail and supply chain representatives are expected to attend.
The article shows industry preparation for EU traceability rules that could affect palm oil demand in Europe. It contains no direct price catalyst.
esmmagazine.comSteve Wynne-JonesMar 27, 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.
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.
