# Time to get tough on environmental crime: legality in palm oil is essential - EIA

> The European Parliament adopted a resolution calling for EU action on legal and sustainable commodities, including palm oil. EIA argues that RSPO and ISPO certification schemes need to tackle illegality, citing studies that link many commodity exports to illegally cleared forests.

- Date: 2018-09-17 · published 2018-09-17T12:00:00.000Z
- Category: policy · region Europe · magnitude low
- Page: https://feedsoft.ai/events/63052-time-to-get-tough-on-environmental-crime-legality-in-palm-oil-is-essential-eia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Growing pressure for legality checks could raise compliance costs and tighten palm oil supply to Europe, a modestly bullish factor for palm prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-12-19 | [Indonesia to hike crude palm oil export levy to 10pct](https://feedsoft.ai/events/15595-indonesia-to-hike-crude-palm-oil-export-levy-to-10pct.md) | -0.1% | -11.2% |
| PALMOIL | 2019-11-02 | [Rally in palm oil is ‘red hot’ on biofuel demand - Taipei Times](https://feedsoft.ai/events/4289-rally-in-palm-oil-is-red-hot-on-biofuel-demand-taipei-times.md) | +4.7% | +10.9% |
| PALMOIL | 2021-06-21 | [Indonesia to cut crude palm oil export levy to $175/mt: sources](https://feedsoft.ai/events/46456-indonesia-to-cut-crude-palm-oil-export-levy-to-175-mt-sources.md) | +0.3% | +8.7% |
| PALMOIL | 2025-05-16 | [Indonesia palm oil group GAPKI urges government to delay levy hike](https://feedsoft.ai/events/15559-indonesia-palm-oil-group-gapki-urges-government-to-delay-levy-hike.md) | +0.1% | +2.8% |
| PALMOIL | 2023-02-09 | [Indonesia, Malaysia to send palm oil envoys to EU over deforestation law](https://feedsoft.ai/events/37353-indonesia-malaysia-to-send-palm-oil-envoys-to-eu-over-deforestation-law.md) | -2.2% | +0.6% |

## Sources

- eia-international.org: https://eia-international.org/news/time-get-tough-environmental-crime-legality-palm-oil-essential/

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