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At the 15 May meeting of the WTO Committee on Trade and Environment, members discussed sustainability of palm oil production and trade. Colombia, Malaysia and Ecuador described their certification and environmental policies, and the EU welcomed exporters' sustainability commitments.
Discussion without binding measures carries little direct price impact, though it reflects ongoing scrutiny that could affect palm oil market access.
wto.orgMay 15, 2019After 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.
