# Malaysia, Indonesia Head to Brussels to Object to Biofuel Curbs - Bloomberg

> Officials from Malaysia and Indonesia, which together supply about 85% of world palm oil, will travel to Brussels on April 8-9 to object to the EU delegated act restricting palm oil use in biofuel. The visit follows a Malaysian ministry statement.

- Date: 2019-04-06 · published 2019-04-06T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/59474-malaysia-indonesia-head-to-brussels-to-object-to-biofuel-curbs-bloomberg
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The diplomatic push signals ongoing uncertainty over EU palm biofuel demand, which is a mild bearish factor for palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-11-05 | [Indonesia Sounds Alarm over Brussels’ Biofuels Trojan Horse - Palm Oil Monitor](https://feedsoft.ai/events/62082-indonesia-sounds-alarm-over-brussels-biofuels-trojan-horse-palm-oil-monitor.md) | -4.3% | -7.1% |
| 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 | 2017-04-11 | [Indonesia and Malaysia look to ‘kill’ Parliament’s palm oil ban](https://feedsoft.ai/events/71391-indonesia-and-malaysia-look-to-kill-parliament-s-palm-oil-ban.md) | -1.8% | +2.1% |
| PALMOIL | 2025-08-20 | [Malaysia and Indonesia move to be labeled “low-risk” for palm oil.](https://feedsoft.ai/events/23345-malaysia-and-indonesia-move-to-be-labeled-low-risk-for-palm-oil.md) | -0.2% | +1.7% |
| PALMOIL | 2017-09-27 | [SPEEDA \| Indonesian and Malaysian Palm Oil Industry at Critical Crossroads, given EU Resolution to Ban Palm Oil in Biofuels by 2020? \| SPEEDA](https://feedsoft.ai/events/68831-speeda-indonesian-and-malaysian-palm-oil-industry-at-critical-crossroads-given.md) | -4.3% | -2.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-04-06/malaysia-indonesia-head-to-brussels-to-object-to-biofuel-curbs

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