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A series of remote multi-industry round tables, launched by the Tropical Forest Alliance and facilitated by EFECA, is discussing European Commission action to curb imports of deforestation-linked commodities. Timber companies are among those invited, and sessions run April to June with outcomes shared with the EC.
EU moves toward deforestation-free import rules could eventually raise compliance costs for soy, palm oil and other feed-relevant commodities, but this is consultation only with no immediate price effect.
europeansttc.comJoyce PenninkhofApr 20, 2020After 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.
After 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.
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.
