Loading…
A monitoring report by ESPO, EPOA and RSPO found that 2 million tonnes of certified sustainable palm oil were imported into Europe in 2015, with an additional 1.5 million Book and Claim certificates redeemed. Europe accounts for about 12% of global palm oil use.
Growing demand for certified palm oil in Europe supports a premium for sustainable supply but has little direct effect on global benchmark prices.
idh.orgDec 14, 2016After 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.
