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An EIA report finds that no-deforestation, no-peat, no-exploitation (NDPE) policies adopted by major palm oil companies have only partly curbed forest loss. Deforestation in Indonesia's Papua and West Papua fell to about half of business-as-usual levels but continues at a high rate, and social-exploitation safeguards lag.
The authors blame voluntary commitments and weak supplier incentives.
Persistent deforestation and weak voluntary enforcement raise the likelihood of tighter regulation on palm oil supply, which could constrain palm oil and palm-derived feed supplies over time. The effect on near-term prices is limited.
eia-international.orgEIAJan 29, 2019After 149 past bullish report events, PALMOIL moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% 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.
