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STTC reports on the IDH study finding that the EU is still importing large volumes of forest-risk commodities, with only 30% or less of most commodities certified as sustainable. It says the Netherlands sources far more responsibly than Italy and Spain.
The gap between EU sustainable sourcing pledges and actual imports could push buyers toward certified supply, tightening availability of compliant soy and palm oil at a premium.
europeansttc.comgebcaJun 13, 2019After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 66 past neutral report events, PALMOIL moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% 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.
