A deeper look into major palm oil groups operating in Indonesia
In this visual story, we examine how the Chinese market’s inclination not to prioritize the import of green palm oil drives Indonesian plantations to regularly breach national regulations governing sustainability practices in the sector. Imports to China of the commodity have grown more than 400 percent in the past 20 years.
Chinese imports of Indonesian palm oil, in metric tons
Large banks are leading palm oil investments
The China Sustainable Palm Oil Alliance was jointly launched by the Roundtable for Sustainable Palm Oil (RSPO), China Chamber of Commerce of Foodstuffs and Native Produce (CFNA) and World Wildlife Fund (WWF) in July 2018.
The coronavirus outbreak has rippled through many aspects of the world economy, including palm oil imported to China.