# Govt To Counter EU’s Palm Oil Unfairness With New Strategy - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> Indonesia is pursuing a new strategy through the ASEAN-EU Joint Working Group to counter what it sees as discrimination against palm oil in the EU market. Officials cite obstacles including the EU's Renewable Energy Directive II. The government wants palm oil treated under the same standards as other vegetable oils.

- Date: 2021-01-05 · published 2021-01-05T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/49166-govt-to-counter-eu-s-palm-oil-unfairness-with-new-strategy-gabungan-pengusaha
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

EU trade barriers on palm oil, including RED II limits, could reduce Indonesian export demand and support palm oil prices relative to competing vegetable oils.

## Read by commodity

- SBO: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-08-02 | [WTO Agrees To Review EU’s Anti-Palm Oil Policy - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/45588-wto-agrees-to-review-eu-s-anti-palm-oil-policy-gabungan-pengusaha-kelapa-sawit.md) | +2.6% | +5.6% |
| PALMOIL | 2023-06-11 | [Europe Still Needs RI’s Palm Oil Despite EUDR - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15725-europe-still-needs-ri-s-palm-oil-despite-eudr-gabungan-pengusaha-kelapa-sawit.md) | +5.9% | +14.8% |
| PALMOIL | 2020-06-22 | [Despite Of Covid-19, Palm Oil Export Still Promising - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/52494-despite-of-covid-19-palm-oil-export-still-promising-gabungan-pengusaha-kelapa.md) | -0.9% | +5.6% |
| PALMOIL | 2021-05-17 | [RI Govt Applies 4 Ways To Solve CPO Export Problems - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/46983-ri-govt-applies-4-ways-to-solve-cpo-export-problems-gabungan-pengusaha-kelapa.md) | -2.5% | -15.7% |
| PALMOIL | 2018-02-22 | [Activists: Palm oil must not get wider access to EU under Indonesia trade talks](https://feedsoft.ai/events/66518-activists-palm-oil-must-not-get-wider-access-to-eu-under-indonesia-trade-talks.md) | +0.4% | -2.3% |
| SBO | 2023-06-11 | [Europe Still Needs RI’s Palm Oil Despite EUDR - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15725-europe-still-needs-ri-s-palm-oil-despite-eudr-gabungan-pengusaha-kelapa-sawit.md) | +8.4% | +23.4% |
| SBO | 2023-04-11 | [Govt Urged To Take Pro-Palm Oil Steps Amid Recession and Barriers - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15739-govt-urged-to-take-pro-palm-oil-steps-amid-recession-and-barriers-gabungan.md) | +0.5% | -2.5% |
| SBO | 2022-05-22 | [Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41497-malaysia-sees-sustained-competitiveness-even-as-indonesia-resumes-palm-oil.md) | -1.6% | -9.5% |

## Sources

- gapki.id: https://gapki.id/en/news/2021/01/06/govt-to-counter-eus-palm-oil-unfairness-with-new-strategy/

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