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EU REDD Facility reviewed 2020, noting that COVID-19 sharply reduced exports of forest-risk commodities. Partner countries are pursuing supply-chain transparency for palm oil, soy and cocoa in Latin America, West Africa and Indonesia.
Lower exports of forest-risk commodities reflect weaker demand during the pandemic. Growing traceability requirements could also gradually raise compliance costs for soy and palm oil exporters.
euredd.efi.intChristophe Van OrshovenDec 23, 2020After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.
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.
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.
