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IDH and partners report that almost 70% of European palm oil imports in the monitored countries were sustainable, with imports declining overall. The ESPO monitoring project covers 13 European countries.
A rising certified share reduces the risk of EU exclusion for palm oil, supporting steady demand for certified supply, though overall European import volumes are falling, which is mildly bearish for palm oil prices.
idh.orgDec 1, 2017After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% 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.
