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A European Sustainable Palm Oil project report shows 69 percent of palm oil imported for food into European refineries in 2016 was certified sustainable. The EU imported 7.1 million tonnes of palm oil in 2016, a 17 percent share of global imports.
Rising certified palm oil demand in Europe supports premiums for compliant supply, while overall EU import volumes remain a meaningful share of global palm oil demand.
bioenergyinternational.comBioenergy InternationalNov 23, 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.
