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NGOs published a briefing calling on the EU to adopt mandatory supply chain due diligence covering deforestation, forest degradation and human rights. It follows a July 2019 Commission communication on protecting the world's forests.
The briefing also urges due diligence for financial institutions.
Advocacy for mandatory due diligence on soy, palm oil, beef and cocoa would add compliance burden for imports if adopted, but it is advocacy rather than a binding decision.
eia-international.orgEIAOct 14, 2019
fern.orgOct 14, 2019After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
