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The RSPO, the palm oil certification body, is urged to take bolder steps to protect forests. The article notes current rules bar members from planting oil palm on primary forest or high conservation value land.
Tighter certification rules could limit future palm oil supply growth, a mildly supportive factor for palm oil prices over time.
reuters.comMichael TaylorAug 23, 2018After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
