# Could EU-Indonesia free trade deal end palm oil conundrum? - Fern

> A new round of EU-Indonesia free trade negotiations began in Brussels, with forest governance proposed as a central issue. The article recalls the European Parliament's 2017 palm oil resolution and the watered-down final EU crop-based biofuel agreement, which delayed phase-out by 12 years and removed palm oil references.

- Date: 2018-07-10 · published 2018-07-10T12:00:00.000Z
- Category: trade · region EU · magnitude low
- Page: https://feedsoft.ai/events/64065-could-eu-indonesia-free-trade-deal-end-palm-oil-conundrum-fern
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The softened EU biofuel rules reduce the risk of lost palm biofuel demand, while the trade talks could ease or complicate Indonesian palm oil access to EU markets.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-09-24 | [EU’s Trade Policy Review – Indonesia Responds - Indonesia Palm Oil Facts](https://feedsoft.ai/events/51146-eu-s-trade-policy-review-indonesia-responds-indonesia-palm-oil-facts.md) | -0.8% | -0.2% |
| PALMOIL | 2022-04-28 | [Indonesia export ban traps 290,000 T of palm oil shipments for India  -trade](https://feedsoft.ai/events/41969-indonesia-export-ban-traps-290-000-t-of-palm-oil-shipments-for-india-trade.md) | +8.6% | -1.2% |
| PALMOIL | 2019-10-29 | [As India, EU may increase duties, Indonesia eyes China for palm oil export](https://feedsoft.ai/events/56447-as-india-eu-may-increase-duties-indonesia-eyes-china-for-palm-oil-export.md) | +13.0% | +17.4% |
| PALMOIL | 2024-07-02 | [Soy Oil Rallies on Prospect for Indonesia, China Trade Spat](https://feedsoft.ai/events/12747-soy-oil-rallies-on-prospect-for-indonesia-china-trade-spat.md) | +0.1% | +0.4% |
| PALMOIL | 2019-02-24 | [Indonesia asks India to cut palm oil tariffs \| The Star](https://feedsoft.ai/events/60458-indonesia-asks-india-to-cut-palm-oil-tariffs-the-star.md) | -3.4% | -5.6% |

## Sources

- fern.org: https://www.fern.org/publications-insight/article/could-eu-indonesia-free-trade-deal-end-palm-oil-conundrum-943/

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