# Joint Statement of Palm Oil Sector Organisations on the Proposal for a Regulation on Deforestation-free Products - Caobisco

> Palm oil sector organisations in Europe, covering refiners, traders and processors, support the regulation's goals but ask for due diligence obligations tailored to palm oil. They note that all palm supply into Europe already falls under NDPE policies and that over 80% of SE Asian refiners apply them.

- Date: 2022-05-18 · published 2022-05-18T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/41424-joint-statement-of-palm-oil-sector-organisations-on-the-proposal-for-a
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Industry pushback for palm-specific rules could reduce compliance burdens on palm imports, leaving palm supply and pricing relatively unchanged in the near term.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-08-29 | [The EU’s Regulation on Deforestation-Free Products (EUDR) \| Crowe](https://feedsoft.ai/events/28802-the-eu-s-regulation-on-deforestation-free-products-eudr-crowe.md) | +4.8% | +7.6% |
| PALMOIL | 2022-05-19 | [Strengthening the EU regulation on deforestation-free products](https://feedsoft.ai/events/41417-strengthening-the-eu-regulation-on-deforestation-free-products.md) | +1.4% | -7.4% |
| PALMOIL | 2022-03-17 | [EU Regulation on Deforestation-Free Products - Proforest](https://feedsoft.ai/events/42304-eu-regulation-on-deforestation-free-products-proforest.md) | -0.2% | -6.7% |
| PALMOIL | 2022-03-15 | [Strengthening the EU regulation on deforestation-free products - Insights - Trase](https://feedsoft.ai/events/42298-strengthening-the-eu-regulation-on-deforestation-free-products-insights-trase.md) | -1.5% | -7.5% |
| PALMOIL | 2022-05-10 | [Our Response to the EU Regulation on Deforestation-Free Products \| Rainforest Alliance](https://feedsoft.ai/events/41423-our-response-to-the-eu-regulation-on-deforestation-free-products-rainforest.md) | -0.8% | +1.3% |

## Sources

- caobisco.eu: https://caobisco.eu/joint-statement-of-palm-oil-sector-organisations-on-the-proposal-for-a-regulation-on-deforestation-free-products/

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