in Nanyang. My EU zero deforestation regulation raises the bar, IOI captures palm oil premium but not sales volume.
The EU's Zero Deforestation Regulation (EUDR) raised the threshold for palm oil exports. The IOI Group (IOICORP, 1961, Major Plantation Shares) is well prepared to comply and hopes to achieve higher sales prices with palm oil products that comply with the regulations, rather than simply increasing sales on the European market.