# EU’s Palm Oil Challenge: How Should Singapore Respond? | RSIS

> The RSIS commentary explains that the EU Commission's Delegated Act of 13 March 2019 classifies palm oil as an unsustainable biofuel feedstock, which would phase palm-based biofuels out of the EU by 2030. Indonesia has responded with WTO litigation threats and lobbying campaigns.

- Date: 2019-05-10 · published 2019-05-10T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/59116-eu-s-palm-oil-challenge-how-should-singapore-respond-rsis
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Phasing palm biofuel out of the EU's largest market removes a source of demand and pressures palm oil prices, while the dispute adds trade uncertainty.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-09-23 | [RHB: Indonesia's tax changes could weaken Malaysia's palm oil edge](https://feedsoft.ai/events/15618-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | +1.1% | +9.0% |
| PALMOIL | 2022-11-03 | [New EU deforestation regulation could threaten the palm oil sector](https://feedsoft.ai/events/38694-new-eu-deforestation-regulation-could-threaten-the-palm-oil-sector.md) | -3.2% | -0.2% |
| PALMOIL | 2019-03-13 | [EU singles out palm oil for removal from transport fuel \| Reuters](https://feedsoft.ai/events/60105-eu-singles-out-palm-oil-for-removal-from-transport-fuel-reuters.md) | -0.0% | +3.3% |
| PALMOIL | 2016-12-04 | [Palm Oil News - EU: German Should not Import Palm oil from Malaysia and Indonesia](https://feedsoft.ai/events/73509-palm-oil-news-eu-german-should-not-import-palm-oil-from-malaysia-and-indonesia.md) | +0.8% | +1.9% |
| 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% |

## Sources

- rsis.edu.sg: https://rsis.edu.sg/rsis-publication/rsis/eus-palm-oil-challenge-how-should-singapore-respond/

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