# Call on EU to reclassify M’sian oil palm cultivation activities

> Malaysian Palm Oil Council CEO Kalyana Sundram asked the EU to reclassify oil palm cultivation, which the EU has labelled high-risk across all plantations. He said Malaysia prefers a negotiated outcome but is keeping other options open.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59120-call-on-eu-to-reclassify-m-sian-oil-palm-cultivation-activities
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Continued dispute over EU palm oil classification keeps demand uncertainty elevated, a mildly bearish factor for palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-03-08 | [MEPs call for measures to stem deforestation for palm oil \| AGENCE EUROPE](https://feedsoft.ai/events/72015-meps-call-for-measures-to-stem-deforestation-for-palm-oil-agence-europe.md) | -2.6% | -7.5% |
| PALMOIL | 2017-11-03 | [Possible WTO action, if EU's Renewable Energy Directive exclude palm oil](https://feedsoft.ai/events/67871-possible-wto-action-if-eu-s-renewable-energy-directive-exclude-palm-oil.md) | -0.5% | -4.7% |
| PALMOIL | 2018-03-01 | [Will the EU call the palm oil nations’ bluff? \| T&E](https://feedsoft.ai/events/66025-will-the-eu-call-the-palm-oil-nations-bluff-t-and-e.md) | -2.0% | -2.6% |
| PALMOIL | 2017-04-04 | [MEPs call for stricter rules on palm oil \| Greens/EFA](https://feedsoft.ai/events/71527-meps-call-for-stricter-rules-on-palm-oil-greens-efa.md) | -2.0% | -2.1% |
| 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

- themalaysianreserve.com: https://themalaysianreserve.com/2019/05/30/call-on-eu-to-reclassify-msian-oil-palm-cultivation-activities/

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