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The third annual Sustainable Palm Oil Dialogue, held virtually, focused on closing the gap to 100% sustainable palm oil in the EU. The article reports that sustainable palm oil use in the EU market was stable at 90% in 2020.
It also flags proposed EU mandatory due diligence legislation for supermarkets.
Stable EU demand for certified palm oil suggests no immediate change in import volumes, while future due-diligence rules could tighten sourcing requirements.
Not enough comparable past events yet for a historical read.
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.