# Palm Oil Powerhouses: Why the EU’s Deforestation-Free Regulation Does Not Work in Southeast Asia | New Perspectives on Asia | CSIS

> A CSIS blog argues the EU deforestation rule is unworkable for Indonesia and Malaysia, which together produce 85 percent of world palm oil, and notes both countries have filed WTO complaints. It recommends the EU restructure dialogue with the two nations.

- Date: 2024-05-30 · published 2024-05-30T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/30263-palm-oil-powerhouses-why-the-eu-s-deforestation-free-regulation-does-not-work
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Trade disputes and possible EU market restrictions on palm oil could tighten Southeast Asian export availability and support palm oil prices, though the outcome remains uncertain.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-11-17 | [Oil palm smallholder farmers and EU deforestation regulation](https://feedsoft.ai/events/38693-oil-palm-smallholder-farmers-and-eu-deforestation-regulation.md) | -0.3% | -0.9% |
| PALMOIL | 2022-09-21 | [Another step forward on the new “Zero-Deforestation” regulation - Etifor](https://feedsoft.ai/events/39606-another-step-forward-on-the-new-zero-deforestation-regulation-etifor.md) | -1.3% | -1.3% |
| PALMOIL | 2023-12-23 | [RI palm oil industry could benefit from EU deforestation regulation - UKRI GCRF TRADE Hub](https://feedsoft.ai/events/32719-ri-palm-oil-industry-could-benefit-from-eu-deforestation-regulation-ukri-gcrf.md) | -0.9% | +2.0% |
| PALMOIL | 2023-11-15 | [Regulation (EU) 2023/1115 on deforestation-free products](https://feedsoft.ai/events/33210-regulation-eu-2023-1115-on-deforestation-free-products.md) | +0.9% | -3.4% |
| PALMOIL | 2018-03-21 | [On UN Forests Day, new studies put EU in position to take action on deforestation - EIA](https://feedsoft.ai/events/66018-on-un-forests-day-new-studies-put-eu-in-position-to-take-action-on.md) | +0.2% | +0.3% |

## Sources

- csis.org: https://www.csis.org/blogs/new-perspectives-asia/palm-oil-powerhouses-why-eus-deforestation-free-regulation-does-not

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.