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Palm oil sector organisations in Europe, covering refiners, traders and processors, support the regulation's goals but ask for due diligence obligations tailored to palm oil. They note that all palm supply into Europe already falls under NDPE policies and that over 80% of SE Asian refiners apply them.
Industry pushback for palm-specific rules could reduce compliance burdens on palm imports, leaving palm supply and pricing relatively unchanged in the near term.
caobisco.euMayssa Vande vyvreMay 18, 2022After 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.
