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The EIA briefing 'In Our Palms' argues the EU must adopt regulatory measures to cut the deforestation footprint of imported commodities, including palm oil. It says voluntary corporate no-deforestation commitments lack uniform adoption and standardisation.
Pressure for EU regulation of deforestation-linked imports could eventually restrict palm oil supply to Europe, though this is advocacy rather than a new rule, so the near-term price effect is limited.
eia-international.orgEIAJun 21, 2018After 400 past bearish policy events, Palm Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% 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.
