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The Roundtable on Sustainable Palm Oil plans a separate certification standard for smallholders to help them adopt sustainable practices. Smallholders hold roughly 40% of Indonesia's 14 million hectares of palm plantations.
Bursa Malaysia's October palm contract rose 1.25% to 2,028 ringgit per tonne in a third straight gain.
Easier certification for smallholders could eventually expand compliant supply and help address buyer restrictions, though the effect on near-term prices is limited.
thestar.com.myThe Star OnlineMay 24, 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.
