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Fern and African partners toured Europe from February 6 to 16, 2017 to discuss the EU FLEGT Action Plan on illegal logging. EU officials and Member States renewed support for the plan, which will address drivers of deforestation including palm oil, rubber and cocoa.
Expanded deforestation-linked trade rules could eventually constrain palm oil and other commodity flows, but the measures are still at an early stage with no immediate price effect.
fern.orgFeb 6, 2017After 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.
