Skip to content
Palm Oil Monitor
  • About Us
  • POM Insights
  • Resources
  • Archive
Twitter Linkedin Email
Palm Oil Monitor
Featured | POM Insights

ICYMI: ‘Price Premium’ for CSPO is Dead says POM

August 23, 2021August 23, 2021

In a wide-ranging interview with Food Navigator, co-host of Palm Oil Monitor Khalil Hegarty posits that the likelihood of a ‘price premium’ for certified sustainable palm oil (CSPO) is dead.

Hegarty makes this reflection based on the realization that Western food manufacturers will not agree to cover the costs of palm oil sustainability efforts, even though according to Food Navigator it would cost less than 2% increase on final goods prices.

In the interview, Hegarty points out that “in theory this would sound great, but that in reality they would never do it.” He explains, “some 10 years ago, they were already talking about implementing a price premium on CSPO and the related products but the fact is that it has been 10 years and it still has not happened.”

Hegarty points out in the article that currently, the costs of sustainable certification are fully on the shoulders of the palm oil producers, including small farmers, and not food manufacturers. This was explained in more detail during a recent webinar discussing the positive benefits of Indonesia Sustainable Palm Oil (ISPO).

Read the full Food Navigator story including the comments from Khalil Hegarty here.

Share

Related posts:

  1. Prices and Deforestation: WSJ Misses the Real Story
  2. Decoding Indonesia’s Palm Export Ban
  3. EU Delays Food Labels: Crisis and Opportunity

Post navigation

Previous Previous
Is Norway Funding anti-Palm Oil Campaigns in Indonesia?
NextContinue
WWF Lobbies DEFRA, Undermines Indonesia

© 2023 Palm Oil Monitor - All Rights Reserved. Privacy Policy | Terms of Use | Contact Us

  • About Us
  • POM Insights
  • Resources
  • Archive
Search