# Commentary: EU's palm oil curb may hurt campaign to save forests — Singapore Institute of International Affairs

> Commentary by Simon Tay and Liyana Othman argues that EU restrictions on palm oil in biofuels may hinder efforts to protect forests. It notes Indonesian palm oil exports reached a record nearly US$23 billion last year and that Indonesia and Malaysia defend the industry.

- Date: 2018-12-20 · published 2018-12-20T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/61590-commentary-eu-s-palm-oil-curb-may-hurt-campaign-to-save-forests-singapore
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Opinion on EU palm oil curbs highlights the risk of restricted biofuel demand for palm oil in producing countries, a modest bearish consideration. The piece is commentary and does not alter current prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-03-02 | [WTO Committee Discusses EU Plans to Combat Deforestation \| International Institute for Sustainable Development](https://feedsoft.ai/events/42299-wto-committee-discusses-eu-plans-to-combat-deforestation-international.md) | -2.6% | -3.6% |
| PALMOIL | 2026-10-15 | [The European Union Deforestation Regulation’s Uneven Impact: Who is exposed and what are the costs? \| International Institute for Sustainable Development](https://feedsoft.ai/events/17132-the-european-union-deforestation-regulation-s-uneven-impact-who-is-exposed-and.md) | +0.5% | — |
| PALMOIL | 2022-06-07 | [Due Diligence Requirements to Tackle Deforestation: An overview of the EU and British proposals \| International Institute for Sustainable Development](https://feedsoft.ai/events/40966-due-diligence-requirements-to-tackle-deforestation-an-overview-of-the-eu-and.md) | -7.4% | -35.7% |
| PALMOIL | 2024-09-27 | [Malaysia to support palm oil producers' compliance with EU deforestation law \| Reuters](https://feedsoft.ai/events/28329-malaysia-to-support-palm-oil-producers-compliance-with-eu-deforestation-law.md) | +6.8% | +9.7% |
| PALMOIL | 2023-06-12 | [Big palm oil players say EU deforestation law will not hurt exports](https://feedsoft.ai/events/35525-big-palm-oil-players-say-eu-deforestation-law-will-not-hurt-exports.md) | +5.9% | +14.8% |

## Sources

- siiaonline.org: https://siiaonline.org/eus-palm-oil-curb-may-hurt-campaign-to-save-forests/

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