date:Feb 12, 2019
forms.
Benchmark palm oil futures are just 19 percent off a three-year low they hit in November, at $563 per tonne. RSPO-certified oil can cost from $2 to $40 more per tonne depending on the level of sustainability, according to Carl Bek-Nielsen, chief executive director of United Plantations and RSPO co-chair.
Palm oil is still cheaper than alternatives but several supermarkets have cut back or stopped using it, including SPAR in Austria and Coop in Italy, citing health and environmental conc