# Sustainable Palm Oil, in line with European proposals against imported deforestation

> Spain's Foundation for Sustainable Palm Oil welcomed a draft European Parliament ENVI Committee report that proposes regulating single-market access to curb imported deforestation. The draft was presented in late March and backs wider private-sector involvement.

- Date: 2020-04-27 · published 2020-04-27T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/53663-sustainable-palm-oil-in-line-with-european-proposals-against-imported
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A draft proposal to link EU market access to deforestation-free products could over time restrict palm oil and soy imports, though it is non-binding and far from adoption.

## Read by commodity

- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-10-20 | [Future rules against imported deforestation in EU, Greens/EFA Group reiterates European Parliament’s expectations \| AGENCE EUROPE](https://feedsoft.ai/events/44587-future-rules-against-imported-deforestation-in-eu-greens-efa-group-reiterates.md) | +0.5% | -0.4% |
| PALMOIL | 2018-07-18 | [Palm oil is part of the deforestation problem - Friends of Europe](https://feedsoft.ai/events/64064-palm-oil-is-part-of-the-deforestation-problem-friends-of-europe.md) | -0.2% | -0.8% |
| PALMOIL | 2020-05-14 | [European palm oil industry calls for 100 percent sustainable • De Molenaar](https://feedsoft.ai/events/53154-european-palm-oil-industry-calls-for-100-percent-sustainable-de-molenaar.md) | +3.2% | +18.7% |
| PALMOIL | 2020-02-13 | [European Parliament calls for rules to end imported deforestation - Fern](https://feedsoft.ai/events/54635-european-parliament-calls-for-rules-to-end-imported-deforestation-fern.md) | -2.8% | -16.7% |
| 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 | 2021-10-20 | [Future rules against imported deforestation in EU, Greens/EFA Group reiterates European Parliament’s expectations \| AGENCE EUROPE](https://feedsoft.ai/events/44587-future-rules-against-imported-deforestation-in-eu-greens-efa-group-reiterates.md) | +0.8% | +1.9% |
| SOY | 2021-09-16 | [Delara Burkhardt fears lack of ambition in future European law against global deforestation imported into EU \| AGENCE EUROPE](https://feedsoft.ai/events/45101-delara-burkhardt-fears-lack-of-ambition-in-future-european-law-against-global.md) | -0.9% | -7.7% |

## Sources

- en.sweetpress.com: https://en.sweetpress.com/actualidad/aceite-de-palma-sostenible-en-linea-con-las-propuestas-europeas-contra-la-deforestacion-importada-DFSP11948

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