# EU banning palm oil? There are other markets, local palm oil producers say | Malay Mail

> The Malaysian Palm Oil Association dismissed heavy impact from an EU palm oil ban, saying other markets and rising domestic consumption can absorb supply. It pointed to Indonesia's B30 biodiesel mandate as a demand driver.

- Date: 2020-01-25 · published 2020-01-25T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/54962-eu-banning-palm-oil-there-are-other-markets-local-palm-oil-producers-say-malay
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

An EU ban would remove a biofuel-linked import market, but industry expects redirection to other buyers and biofuel demand, limiting the expected price impact.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-11-27 | [Malaysian Palm Oil Leading the Way Lower](https://feedsoft.ai/events/12717-malaysian-palm-oil-leading-the-way-lower.md) | -2.2% | -6.2% |
| PALMOIL | 2026-07-13 | [EU adds some palm oil products to deforestation law, removes leather \| Reuters](https://feedsoft.ai/events/18353-eu-adds-some-palm-oil-products-to-deforestation-law-removes-leather-reuters.md) | +0.5% | +3.0% |
| PALMOIL | 2019-04-09 | [Indonesia, Malaysia send letter protesting EU palm oil curbs](https://feedsoft.ai/events/59471-indonesia-malaysia-send-letter-protesting-eu-palm-oil-curbs.md) | -1.9% | -8.4% |
| PALMOIL | 2023-01-13 | [Growing tensions between Asian palm oil producers and the European Union \| Reuters](https://feedsoft.ai/events/37813-growing-tensions-between-asian-palm-oil-producers-and-the-european-union-reuters.md) | +0.1% | -0.0% |
| PALMOIL | 2016-12-29 | [EU palm oil ban sows bitter seeds \| The ASEAN Post](https://feedsoft.ai/events/73585-eu-palm-oil-ban-sows-bitter-seeds-the-asean-post.md) | -1.2% | -0.1% |

## Sources

- beta.malaymail.com: https://beta.malaymail.com/news/malaysia/2020/01/26/eu-banning-palm-oil-there-are-other-markets-local-palm-oil-producers-say/1831490

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