# Menutup Pintu Produk Deforestasi | tempo.co

> The European Parliament's Environment Committee approved a draft regulation on deforestation-free products, known as EUDDR, requiring firms to verify that exported and traded goods are not from deforested land. The proposal covers wood, palm oil, coffee, cocoa, beef and soy.

- Date: 2022-08-19 · published 2022-08-19T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/40056-menutup-pintu-produk-deforestasi-tempo-co
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Mandatory verification could raise the cost and reduce the volume of soy and palm products reaching EU markets, supporting feed protein and vegetable oil prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-02-20 | [Proposal on combating deforestation problematic for EU ministers \| AGENCE EUROPE](https://feedsoft.ai/events/42737-proposal-on-combating-deforestation-problematic-for-eu-ministers-agence-europe.md) | +0.4% | +7.9% |
| SBM | 2019-11-12 | [State Council planning more measures to restore nation's hog production](https://feedsoft.ai/events/56059-state-council-planning-more-measures-to-restore-nation-s-hog-production.md) | +0.2% | -1.2% |
| SBM | 2021-07-06 | [Reports urge legislation and 100% certified procurement to combat deforestation - STTC](https://feedsoft.ai/events/46096-reports-urge-legislation-and-100-certified-procurement-to-combat-deforestation.md) | -5.8% | -5.1% |
| SBM | 2022-02-07 | [EU ministers to debate proposal on deforestation-related products on 21 February \| AGENCE EUROPE](https://feedsoft.ai/events/42736-eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21.md) | +3.1% | +5.5% |
| SBM | 2021-11-09 | [Missing deforestation-risk products undermine EU’s due diligence proposal - Insights - Trase](https://feedsoft.ai/events/44105-missing-deforestation-risk-products-undermine-eu-s-due-diligence-proposal.md) | +10.5% | +6.0% |
| SBO | 2017-03-08 | [MEPs call for measures to stem deforestation for palm oil \| AGENCE EUROPE](https://feedsoft.ai/events/72015-meps-call-for-measures-to-stem-deforestation-for-palm-oil-agence-europe.md) | -4.8% | -6.1% |
| SBO | 2025-08-13 | [Prestasi Sawit Malaysia](https://feedsoft.ai/events/15536-prestasi-sawit-malaysia.md) | -3.0% | -4.1% |
| SBO | 2019-10-31 | [Biofuel forecast may prop up prices \| The Western Producer](https://feedsoft.ai/events/56664-biofuel-forecast-may-prop-up-prices-the-western-producer.md) | +2.5% | -2.0% |

## Sources

- tempo.co: https://www.tempo.co/lingkungan/uni-eropa-makin-ketat-menerima-komoditas-impor-bebas-deforestasi-833912

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