◂ Event Timeline

Dec 20, 2021POLICYIndonesia

Lives and forests at risk: Indonesia shows flaws in EU’s plans to fight deforestation

POLITICO reports that Southeast Asian activists say the EU's proposed deforestation rules are unrealistic and easy to bypass, especially in Indonesia. The proposal was tabled in November 2021.

WHY IT MATTERS

Doubts about enforcement suggest EU rules may not strongly restrict Indonesian palm oil flows, leaving the market impact limited for now.

AFFECTSPalm Oil◆

SOURCE
politico.euLeonie KijewskiDec 20, 2021

Price reaction & history

Palm Oil◆neutralSO FAR1d -1.3%5d +1.3%20d +11.0%

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.

Jun 30, 2022Industry warns against EU’s traceability plans to prevent deforestation – POLITICO-24.6%
Sep 24, 2024Commission insists no plans to delay anti-deforestation law | Euronews+0.9%
Sep 1, 2023EU's Deforestation Regulation poses risks for companies and investors | IFR-4.5%
Jul 5, 2024EU resists calls to delay deforestation law, letter shows | Reuters-2.5%
Apr 14, 2021A by-the-numbers look at how EU appetites drive deforestation – POLITICO+3.9%

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.

Palm Oil PALMOIL · GP ▸

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