# EU’s Forest Law Is Splitting Palm Oil Supply Chain Into Two, 3Keel Says - Bloomberg

> The EU is introducing rules to stop deforestation-linked products from being sold in its market, with the largest companies having until year-end to comply. A 3Keel analysis says the regulation is splitting the palm oil supply chain into compliant and non-compliant streams.

- Date: 2024-03-14 · published 2024-03-14T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/31225-eu-s-forest-law-is-splitting-palm-oil-supply-chain-into-two-3keel-says-bloomberg
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A split between compliant and non-compliant palm oil supply could create price premiums for certified volumes and discounts for the rest, affecting EU-bound palm oil pricing.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-02-23 | [Britain and Europe must tighten palm oil supply chains to save forests, EU parliament told \| Palm oil \| The Guardian](https://feedsoft.ai/events/66512-britain-and-europe-must-tighten-palm-oil-supply-chains-to-save-forests-eu.md) | +1.7% | -2.1% |
| PALMOIL | 2019-04-15 | [Palm oil is not a green fuel, says EU \| T&E](https://feedsoft.ai/events/59610-palm-oil-is-not-a-green-fuel-says-eu-t-and-e.md) | +0.1% | -9.1% |
| PALMOIL | 2024-03-05 | [EUDR: Is the food industry ready to prove its supply chains are deforestation-free?](https://feedsoft.ai/events/31226-eudr-is-the-food-industry-ready-to-prove-its-supply-chains-are-deforestation.md) | +4.4% | +8.7% |
| PALMOIL | 2018-01-10 | [EU heading for ‘zero palm oil’ in transport by 2021](https://feedsoft.ai/events/67017-eu-heading-for-zero-palm-oil-in-transport-by-2021.md) | -1.6% | -1.8% |
| PALMOIL | 2018-06-14 | [EU new palm oil rule seen to be setting up clash with Malaysia, Indonesia](https://feedsoft.ai/events/64410-eu-new-palm-oil-rule-seen-to-be-setting-up-clash-with-malaysia-indonesia.md) | -1.2% | -6.6% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2024-03-14/eu-s-forest-law-is-splitting-palm-oil-supply-chain-into-two-3keel-says

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