How to make deals as an independent smallholder
As an independent smallholder, trading in RSPO Credits provides you direct access to the sustainable palm oil market. You are able to sell Credits that account for the palm (kernel) oil that could be extracted from your certified Fresh Fruit Bunches (FFB) without needing to sell these bunches to a certified mill. If you do sell your bunches to a certified mill, these can no longer be traded as Credits. In other words, you can make a choice on whether to sell your bunches via Credits or to a mill.
Credit trading allows for direct and on-demand trading, easily done from via your RSPO PalmTrace account. Your offered Credits can be distinguished from other Credits by the prefix -IS, so buyers know they are buying from an independent smallholder. You have the choice of selling IS- CSPO Credits, IS-CSKPKO Credits and IS-CSPKO Credits. The volume that could be extracted from your FFB volume is converted into these different Credit types based on standard conversion ratios. Revenue earned from Credit trading can be invested in your sustainable palm oil production and the future of your group.
To trade in RSPO Credits, you need to become an RSPO Member first. More information on how to become a member can be found here. Once you are a member and have RSPO certified volume in stock, you can start your Credit trading. The process to set up Credit trading is explained below. A detailed explanation on how to sell your Credits is available in the Manual for Book & Claim in your RSPO PalmTrace account.
Become an RSPO Member and get certified
Make sure you produce certified Fresh Fruit Bunches that can be sold as Credits.
Obtain access to RSPO PalmTrace
- Create an RSPO PalmTrace account here.
- Set your company up for Credit trading by filling in the form here. Send the form to [email protected].
- You will receive an email when your setup is complete.
Your certification body requests a licence for you in RSPO PalmTrace
This is based on your RSPO certification/surveillance audit. In this licence, the auditor specifies the volume of IS-CSPO, IS-CSPKO and IS-CSPKE you have available to sell as RSPO Credits. The RSPO Secretariat approves the licence request from your certification body.
Become active on PalmTrace
Log in to PalmTrace and allocate (part of) your certified volume to tradable Credits.
Start your credit trading
You are now able to offer RSPO Credits online and to make off-market deals. Please report off-market deals at all times.