# The European Commission has published its draft regulation to fight against imported deforestation

> ATIBT, a tropical timber trade body, published a decoding and FAQ on the European Commission's draft regulation against imported deforestation. The group said some of its comments were included, but that several points on sustainable forest management and the timber sector remain unclear.

- Date: 2021-11-24 · published 2021-11-24T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/44106-the-european-commission-has-published-its-draft-regulation-to-fight-against
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The rules could raise compliance costs and documentation burdens for tropical wood imports, which affects timber trade more than grain or oilseed prices. The direct effect on feed commodity markets is minimal.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-05-26 | [The Alliance calls for a European legislation to fight against imported deforestation - Alliance Preservation Forests](https://feedsoft.ai/events/53153-the-alliance-calls-for-a-european-legislation-to-fight-against-imported.md) | +0.9% | +5.2% |
| SOY | 2023-06-12 | [European Union Publishes Deforestation Regulation \| Insights \| Mayer Brown](https://feedsoft.ai/events/35524-european-union-publishes-deforestation-regulation-insights-mayer-brown.md) | +5.8% | +9.7% |
| SOY | 2024-10-02 | [Implications of the European Union Deforestation Regulation - EveryCRSReport.com](https://feedsoft.ai/events/27897-implications-of-the-european-union-deforestation-regulation-everycrsreport-com.md) | -3.9% | -8.7% |
| SOY | 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) | +0.1% | -5.2% |
| SOY | 2020-07-01 | [Fight against EU-induced deforestation requires a duty of care, according to draft ‘Burkhardt report’ \| AGENCE EUROPE](https://feedsoft.ai/events/52141-fight-against-eu-induced-deforestation-requires-a-duty-of-care-according-to.md) | +1.2% | +0.8% |
| SBM | 2020-05-26 | [The Alliance calls for a European legislation to fight against imported deforestation - Alliance Preservation Forests](https://feedsoft.ai/events/53153-the-alliance-calls-for-a-european-legislation-to-fight-against-imported.md) | -0.4% | +0.8% |
| SBM | 2020-03-12 | [Deforestation and forest degradation: IEEP's response to European Commission's public consultation - IEEP AISBL](https://feedsoft.ai/events/54143-deforestation-and-forest-degradation-ieep-s-response-to-european-commission-s.md) | +2.7% | -1.0% |
| SBM | 2024-10-02 | [Implications of the European Union Deforestation Regulation - EveryCRSReport.com](https://feedsoft.ai/events/27897-implications-of-the-european-union-deforestation-regulation-everycrsreport-com.md) | -7.0% | -13.6% |

## Sources

- atibt.org: https://www.atibt.org/en/news/13090/the-european-commission-has-published-its-draft-regulation-to-fight-against-imported-deforestation

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