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EU Council and Parliament are in intense negotiations on a final text of the law regulating products linked to deforestation and forest degradation. The law would replace the EUTR and extend due diligence to a wider set of forest-risk commodities.
A broader due diligence regime on soy, palm and other forest-risk commodities could raise compliance costs for EU-bound supply, with modest long-run upward pressure on EU prices for compliant product.
by.fsc.orgMay 24, 2022After 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.
After 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.
