# Palm Oil News - In 2021, RED II of European Union would be Re-Studied

> The European Commission could re-examine data and scientific methodology under the Renewable Energy Directive II in 2021, with any revision to the Delegated Act following in 2023. An EU delegate said the bloc remains open to palm oil and that the policy is about preventing environmental damage rather than trade barriers.

- Date: 2020-01-16 · published 2020-01-16T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/55083-palm-oil-news-in-2021-red-ii-of-european-union-would-be-re-studied
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A possible review of how palm oil's indirect land-use impacts are scored could affect its eligibility for EU biofuel mandates, shaping demand for palm oil in biodiesel and therefore its price.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-10-11 | [Palm Oil News - 99% of Palm Oil In European Union are Traceable](https://feedsoft.ai/events/62560-palm-oil-news-99-of-palm-oil-in-european-union-are-traceable.md) | +1.6% | -4.0% |
| PALMOIL | 2023-06-24 | [Palm Oil News - July 2023 Export Tax in Malaysia Would be 8 Percent](https://feedsoft.ai/events/15723-palm-oil-news-july-2023-export-tax-in-malaysia-would-be-8-percent.md) | +0.6% | +14.6% |
| PALMOIL | 2023-04-04 | [Palm Oil News - CPO Reference Price on 1 - 15 April 2023 Gets Cheaper: CPO OF and Levy Would be US$ 169/ton](https://feedsoft.ai/events/15743-palm-oil-news-cpo-reference-price-on-1-15-april-2023-gets-cheaper-cpo-of-and.md) | -0.5% | -12.2% |
| PALMOIL | 2021-11-22 | [Palm Oil News - IPOA Will Conduct IPOC 2021: As Palm Oil Gets 30% of Tax](https://feedsoft.ai/events/15863-palm-oil-news-ipoa-will-conduct-ipoc-2021-as-palm-oil-gets-30-of-tax.md) | -1.0% | -10.1% |
| PALMOIL | 2023-01-13 | [Explainer: Why Malaysia is considering a ban on palm oil exports to the European Union](https://feedsoft.ai/events/15766-explainer-why-malaysia-is-considering-a-ban-on-palm-oil-exports-to-the-european.md) | +0.1% | -0.0% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/7813/in-2021--red-ii-of-european-union-would-be-re-studied

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