Loading…
Daniel Caspary, chair of the European Parliament's Southeast Asia delegation, argues that palm oil production needs a long-term sustainable approach. He notes Southeast Asian deforestation, palm oil's role in Indonesian and Malaysian exports, and growing global demand.
Sustainability pressure on palm oil supply could constrain future output growth while demand for palm oil in food, feed and biodiesel keeps rising. This is opinion commentary and does not itself change current palm prices.
theparliamentmagazine.euMay 20, 2021After 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.
