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FoodNavigator reports that the RSPO supports the EU due diligence legislation for palm oil, which is expected to take effect as early as 2024. The RSPO argues palm oil is in a relatively advantageous position compared with other commodities.
The article notes the EU contributes about 10-15% of global deforestation through consumption.
Palm oil certified as sustainable may gain preference in EU buying, supporting premiums for compliant supply. Overall the sector is seen as less exposed than others, so price impact is modest.
foodnavigator.comFlora Southey31 jan 2023Na 513 eerdere neutraal beleid-gebeurtenissen bewoog Palmolie zich mediaan 0,0% over 5 sessies (50% hoger; middelste helft -1,6% tot +1,4%), en -0,1% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
