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A former UN climate chief writes that the EU should act on imported deforestation, noting the European Commission will release a feasibility study on policy options in the coming weeks. The column argues an Action Plan is the best route.
Possible future EU measures against deforestation-linked imports could eventually restrict palm oil and soy trade, but no concrete rule has yet been adopted, so the near-term price effect is limited.
euractiv.comChristiana FigueresFeb 28, 2018After 400 past bearish policy events, PALMOIL moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.1%), and +0.2% over 20.
After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% 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.
