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Southeast Asia's haze season is starting as the dry season ends, and NGOs are using it to campaign against palm oil. Global Forest Watch fire counts for September 4-11 show Brazil and Australia with far more fire alerts than Indonesia or Malaysia, and only a small share of Indonesian fires were in palm concessions.
Haze-related campaigns and the EU's proposed deforestation criteria could weigh on palm oil import sentiment, though the fire data itself does not point to an immediate supply shock.
palmoilmonitor.orgKhalil Hegarty, Pierre Bois d’EnghienSep 13, 2018After 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.
