Global Market Report: Palm oil prices and sustainability

This report unpacks recent market trends in the palm oil sector and examines the role that sustainability standards can play in ensuring that palm oil producers receive fair incomes and are incentivized to adopt more sustainable practices.Present in the shampoo we use and the packaged food we buy, palm oil is the most widely produced edible oil. But palm oil development in Indonesia and Malaysia—the top two producing countries—has led to significant forest loss over the last 30 years. The deforestation and land-use changes that often occur during palm oil cultivation are some of the leading causes of climate change—yet the sector is increasingly vulnerable to its impacts.