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Dutch-based MEP Kateřina Konečná argues in an opinion piece that palm oil cultivation drives tropical deforestation and that the EU is part of the problem through investment flows and use of palm oil in biofuels. She calls for an immediate response.
Continued political pressure against palm biofuels in the EU could weigh on long-run palm oil demand, though this is commentary with no policy change behind it.
friendsofeurope.orgEPICJul 18, 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.
