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Global Canopy and SEI said the EU's proposals against tropical deforestation are too limited, noting the Commission's own feasibility study points to little impact without regulatory action. They note EU 2020 commitments on eliminating deforestation from palm oil, soy and beef will not be met.
Possible future regulation of deforestation-linked commodity imports would affect palm and soy supply chains, but the proposals remain non-binding and the effect on prices is distant.
globalcanopy.orgFeb 28, 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.
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.
