# ASEAN, EU collaboration needed to resolve palm oil dispute - ASEAN Studies Center Universitas Gadjah Mada

> A commentary says the EU-ASEAN ministerial meeting failed to upgrade ties to a strategic partnership, largely because Malaysia and Indonesia objected to the EU plan to phase out palm oil in biodiesel. Around half of EU palm oil imports go to biodiesel, and Indonesia's palm oil exports are worth about US$19 billion a year.

- Date: 2019-05-13 · published 2019-05-13T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/58961-asean-eu-collaboration-needed-to-resolve-palm-oil-dispute-asean-studies-center
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The unresolved dispute over the EU phase-out of palm oil biodiesel use leaves a long-term demand risk for palm oil, with no immediate supply change.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-05-12 | [Why does the EU's recent Resolution on Palm Oil matter to ASEAN? — Singapore Institute of International Affairs](https://feedsoft.ai/events/71039-why-does-the-eu-s-recent-resolution-on-palm-oil-matter-to-asean-singapore.md) | -0.7% | -5.1% |
| PALMOIL | 2020-03-02 | [The Palm Oil Conundrum in EU-ASEAN Relations – The Diplomat](https://feedsoft.ai/events/54014-the-palm-oil-conundrum-in-eu-asean-relations-the-diplomat.md) | -7.2% | -13.4% |
| PALMOIL | 2017-04-12 | [Indonesia, Malaysia launch efforts to counter EU palm oil resolution](https://feedsoft.ai/events/71386-indonesia-malaysia-launch-efforts-to-counter-eu-palm-oil-resolution.md) | -2.5% | +1.6% |
| PALMOIL | 2017-04-05 | [Malaysia worried EU resolution could dent palm oil exports \| The Star](https://feedsoft.ai/events/71390-malaysia-worried-eu-resolution-could-dent-palm-oil-exports-the-star.md) | -0.3% | -1.6% |
| PALMOIL | 2019-05-30 | [Call on EU to reclassify M’sian oil palm cultivation activities](https://feedsoft.ai/events/59120-call-on-eu-to-reclassify-m-sian-oil-palm-cultivation-activities.md) | +0.5% | -1.5% |

## Sources

- asc.fisipol.ugm.ac.id: https://asc.fisipol.ugm.ac.id/2019/05/13/asean-eu-collaboration-needed-to-resolve-palm-oil-dispute/

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