# EU bases planned palm oil restriction on 2015 data - National - The Jakarta Post

> The EU defended its planned palm oil biofuel cap in response to Jakarta's objections, saying it is based on 2008 to 2015 deforestation data showing palm oil linked to 45 percent of oil palm expansion in high carbon stock areas. The bloc says certified low-risk palm oil can still receive incentives and that the measure is not aimed at specific feedstocks.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/60111-eu-bases-planned-palm-oil-restriction-on-2015-data-national-the-jakarta-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The EU is holding to its palm biofuel restriction despite producer objections, keeping pressure on palm oil demand from the bloc's biodiesel market.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2016-12-29 | [CPO futures as hedging mechanism following planned EU palm oil ban \| The ASEAN Post](https://feedsoft.ai/events/73575-cpo-futures-as-hedging-mechanism-following-planned-eu-palm-oil-ban-the-asean.md) | -1.2% | -0.1% |
| 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 | 2016-12-29 | [EU palm oil ban sows bitter seeds \| The ASEAN Post](https://feedsoft.ai/events/73585-eu-palm-oil-ban-sows-bitter-seeds-the-asean-post.md) | -1.2% | -0.1% |
| PALMOIL | 2021-07-02 | [Lower palm oil tariffs come into effect too boost sales - Sat, July 3, 2021 - The Jakarta Post](https://feedsoft.ai/events/46163-lower-palm-oil-tariffs-come-into-effect-too-boost-sales-sat-july-3-2021-the.md) | +3.7% | +9.7% |
| 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% |
| SBO | 2025-05-15 | [RI ups palm oil export levy to 10% as govt boosts biofuel, replanting efforts - Markets - The Jakarta Post](https://feedsoft.ai/events/15558-ri-ups-palm-oil-export-levy-to-10-as-govt-boosts-biofuel-replanting-efforts.md) | -0.8% | -4.5% |
| SBO | 2023-01-02 | [Indonesia to tighten palm oil exports to shore up supply ahead of Ramadan - Regulations - The Jakarta Post](https://feedsoft.ai/events/9244-indonesia-to-tighten-palm-oil-exports-to-shore-up-supply-ahead-of-ramadan.md) | -1.9% | -6.7% |
| SBO | 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) | +0.5% | +0.1% |

## Sources

- thejakartapost.com: https://www.thejakartapost.com/news/2019/03/22/eu-bases-planned-palm-oil-restriction-on-2015-data

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