# Palm Oil Monitor Weekly Update - 2nd April 2019 - Palm Oil Monitor

> Malaysia and Indonesia have responded aggressively to the EU RED Delegated Act that excludes palm-based biofuel. Options under discussion include a joint letter, a WTO action, diplomatic missions and possible trade retaliation, and Indonesia is reviewing its EU trade agreement.

- Date: 2019-04-02 · published 2019-04-02T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/59476-palm-oil-monitor-weekly-update-2nd-april-2019-palm-oil-monitor
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Possible trade retaliation and a WTO dispute add uncertainty to palm oil trade flows and EU demand, a bearish risk for palm prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-06-03 | [Palm Oil Monitor Weekly Update – 3rd June 2019 - Palm Oil Monitor](https://feedsoft.ai/events/58613-palm-oil-monitor-weekly-update-3rd-june-2019-palm-oil-monitor.md) | -0.2% | -1.3% |
| PALMOIL | 2019-01-09 | [Palm Oil Monitor Weekly Update - 9 January 2019 - Palm Oil Monitor](https://feedsoft.ai/events/60985-palm-oil-monitor-weekly-update-9-january-2019-palm-oil-monitor.md) | -0.8% | +6.6% |
| PALMOIL | 2019-01-07 | [Is Brussels Preparing to Delay Palm Oil Delegated Act? - Palm Oil Monitor](https://feedsoft.ai/events/61116-is-brussels-preparing-to-delay-palm-oil-delegated-act-palm-oil-monitor.md) | +0.8% | +7.5% |
| PALMOIL | 2018-12-01 | [Crude Palm Oil Weekly Report – December 1, 2018 \| Borneo Post Online](https://feedsoft.ai/events/61664-crude-palm-oil-weekly-report-december-1-2018-borneo-post-online.md) | +0.3% | +7.6% |
| PALMOIL | 2017-09-30 | [Crude Palm Oil Weekly Report – 30 September 2017 \| Borneo Post Online](https://feedsoft.ai/events/5639-crude-palm-oil-weekly-report-30-september-2017-borneo-post-online.md) | -2.5% | -1.5% |

## Sources

- palmoilmonitor.org: https://palmoilmonitor.org/2019/04/02/palm-oil-monitor-weekly-update-2nd-april-2019/

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