# Palm Oil News - 99% of Palm Oil In European Union are Traceable

> InfoSAWIT reports that about 99% of palm oil in the EU was traceable to the mill level in 2017, and that about 84% was used by companies committed to no-deforestation sourcing. Indonesia and Malaysia cited certification schemes and their palm sector's role in poverty reduction.

- Date: 2018-10-11 · published 2018-10-11T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/62560-palm-oil-news-99-of-palm-oil-in-european-union-are-traceable
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Traceability and certification levels support EU acceptance of palm oil, which helps sustain demand, but the report is supportive background rather than a price trigger.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-01-16 | [Palm Oil News - In 2021, RED II of European Union would be Re-Studied](https://feedsoft.ai/events/55083-palm-oil-news-in-2021-red-ii-of-european-union-would-be-re-studied.md) | -0.4% | -12.2% |
| PALMOIL | 2018-03-22 | [Palm Oil News - The Problems (Malakama) in Palm Oil](https://feedsoft.ai/events/65882-palm-oil-news-the-problems-malakama-in-palm-oil.md) | +0.1% | +0.1% |
| PALMOIL | 2023-01-13 | [Explainer: Why Malaysia is considering a ban on palm oil exports to the European Union](https://feedsoft.ai/events/15766-explainer-why-malaysia-is-considering-a-ban-on-palm-oil-exports-to-the-european.md) | +0.1% | -0.0% |
| PALMOIL | 2020-04-27 | [Sustainable Palm Oil, in line with European proposals against imported deforestation](https://feedsoft.ai/events/53663-sustainable-palm-oil-in-line-with-european-proposals-against-imported.md) | -4.9% | -4.9% |
| PALMOIL | 2021-05-03 | [Palm Oil News - The Critics to CSF and OF](https://feedsoft.ai/events/46980-palm-oil-news-the-critics-to-csf-and-of.md) | +11.2% | +9.1% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/6996/99--of-palm-oil-in-european-union-are-traceable

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