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Efeca is providing technical assistance to the UK government and the Secretariat of the Amsterdam Declaration on palm oil. The declaration commits signatory countries to support fully sustainable palm oil supply chains by 2020.
Public and private commitments to sustainable sourcing could tighten demand for certified palm oil over time, with limited near-term price impact.
efeca.comLucy CullinaneFeb 17, 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.
