# What does Europe’s deforestation law mean for palm oil? RSPO talks challenges and opportunities

> FoodNavigator reports that the RSPO supports the EU due diligence legislation for palm oil, which is expected to take effect as early as 2024. The RSPO argues palm oil is in a relatively advantageous position compared with other commodities. The article notes the EU contributes about 10-15% of global deforestation through consumption.

- Date: 2023-01-31 · published 2023-01-31T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/37815-what-does-europe-s-deforestation-law-mean-for-palm-oil-rspo-talks-challenges
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Palm oil certified as sustainable may gain preference in EU buying, supporting premiums for compliant supply. Overall the sector is seen as less exposed than others, so price impact is modest.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-06-28 | [The EU Deforestation Regulation: what are the challenges and opportunities for Asia Pacific companies and will the Brussels effect take hold? - Lexology](https://feedsoft.ai/events/29777-the-eu-deforestation-regulation-what-are-the-challenges-and-opportunities-for.md) | +3.0% | +1.7% |
| PALMOIL | 2021-09-20 | [European Commission to ban beef, soy and palm oil imports linked to deforestation \| Eurogroup for Animals](https://feedsoft.ai/events/45103-european-commission-to-ban-beef-soy-and-palm-oil-imports-linked-to.md) | +1.0% | +12.6% |
| PALMOIL | 2024-12-04 | [The EU Deforestation Regulation: an update and what it means for companies](https://feedsoft.ai/events/26993-the-eu-deforestation-regulation-an-update-and-what-it-means-for-companies.md) | -0.7% | -14.6% |
| PALMOIL | 2017-12-27 | [Palm Oil News - The Opportunity and six challenge palm oil RUU](https://feedsoft.ai/events/67358-palm-oil-news-the-opportunity-and-six-challenge-palm-oil-ruu.md) | +5.5% | +4.4% |
| PALMOIL | 2021-12-08 | [The European Commission’s new proposed deforestation regulation - what does it mean for indigenous peoples and forest communities? - Business and Human Rights Centre](https://feedsoft.ai/events/43614-the-european-commission-s-new-proposed-deforestation-regulation-what-does-it.md) | -3.7% | +3.9% |

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2023/01/31/What-does-Europe-s-deforestation-law-mean-for-palm-oil-RSPO-talks-challenges-and-opportunities/

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