Breaking News-RTRS-First "sustainable" palm oil on way to Rotterdam

ROTTERDAM, Nov 11 (Reuters) - The first shipment of palm oil which is certified as "sustainable" by the Roundtable on Sustainable Palm Oil (RSPO) is due to reach Rotterdam next week, as critics still question whether the label is justified.
Under fire for its role in rainforest and wildlife destruction, the palm oil industry established the RSPO in 2004 to develop a certification system and this first shipment is a milestone, industry leaders said on Tuesday.