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A Member of the European Parliament called for EU trade policy to address deforestation linked to palm oil. The item is a short statement with little detail on specific measures.
Calls for trade measures on palm oil could eventually affect EU import flows, but without a proposal or vote the price impact is minimal.
endseurope.comSusanna Ala-KurikkaNov 16, 2016After 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.
