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Malaysian and Indonesian palm oil industry representatives were urged to engage early with new EU and UK sustainability regulatory initiatives. A lawyer said measures should be product-neutral and based on verifiable science to avoid discrimination.
The remarks were made at the virtual POTS Digital 2021 seminar.
Potential EU sustainability rules could weigh on palm oil export demand to Europe, a factor for vegetable oil and meal pricing.
wwfmmi.orgJan 13, 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.
