PalmOil
By Moh. Tamimi BELITUNG ISLAND, Indonesia — Nasidi paddled gently past a row of the eponymous rasau trees that line the riverbanks here in Tebet Rasau village, where a decade ago people would wade into the Lenggang River to catch silverfish. But life along the river here in the hills of Belitung Island, he said, is not as it once was. “In the past, if it rained upstream, after three days the water would get to our village,” Nasidi told Mongabay Indonesia as he continued along the Lenggang. “Now, as soon as it rains, the water rushes down quickly and causes flooding.” Tebet Rasau is named for t...
Mongabay
In the third part of this series, we look at NGO petitions to U.S. Customs and Border Protection (CBP) on palm oil as a means of blocking palm oil shipments. Q2 2022 hedge fund letters, conferences and more Under U.S. law it is possible for any person or group to launch a petition against any company for violations of Section 307 of the US Tariff Act. The petitions made by both of these groups relied heavily upon NGO reports for their source material, particularly the G&E petition. Notably, unlike Liberty Shared, which receives substantial funding from the U.S. government, G&E have never revea...
ValueWalk
New York (AFP) - Indonesia's decision to suspend palm oil exports in the face of domestic shortages has pushed vegetable oil prices to new highs, further tightening a market already on edge due to the war in Ukraine and global warming. The prices of palm, soybean, European rapeseed and even its Canadian GMO counterpart, canola oil, have reached historic highs following Indonesia's announcement on Wednesday. "We already had problems with soybeans in South America, with canola in Canada," said Philippe Chalmin, an economics professor at Paris-Dauphine University in France, stating that both crop...
AFP
The UK’s proposed Due Diligence Regulation has re-kindled the idea of a VPA-FLEGT arrangement for Indonesian palm oil.Q3 2020 hedge fund letters, conferences and moreA VPA-FLEGT Arrangement For Indonesian Palm OilIs such an arrangement possible?As we’ve discussed previously, the VPA (Voluntary Partnership Agreement) between Indonesia and the European Union was an arrangement that verified the legality of timber products leaving Indonesia and being sold in the EU. The bilateral development of an Indonesian standard – SVLK – gave Indonesian timber and paper exporters a ‘green light’ past the EU’...
ValueWalk
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