# POM Exclusive: Documents Detail RED Negotiations in Brussels - Palm Oil Monitor

> The Palm Oil Monitor reports on internal EU documents concerning the Renewable Energy Directive ahead of a trilogue meeting. The Parliament backs a palm oil biofuel ban, the Commission opposes it, and the Council is divided, with a Bulgarian compromise proposal still under discussion.

- Date: 2018-05-17 · published 2018-05-17T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/65040-pom-exclusive-documents-detail-red-negotiations-in-brussels-palm-oil-monitor
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The outcome of the RED talks will determine whether palm oil biodiesel demand in Europe is curtailed, a key factor for palm oil prices and vegetable oil competition.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-01-07 | [Is Brussels Preparing to Delay Palm Oil Delegated Act? - Palm Oil Monitor](https://feedsoft.ai/events/61116-is-brussels-preparing-to-delay-palm-oil-delegated-act-palm-oil-monitor.md) | +0.8% | +7.5% |
| PALMOIL | 2018-11-05 | [Indonesia Sounds Alarm over Brussels’ Biofuels Trojan Horse - Palm Oil Monitor](https://feedsoft.ai/events/62082-indonesia-sounds-alarm-over-brussels-biofuels-trojan-horse-palm-oil-monitor.md) | -4.3% | -7.1% |
| PALMOIL | 2026-07-13 | [Brussels adopts implementation measures for EU's Deforestation Regulation - EUbusiness.com \| EU news, business and politics](https://feedsoft.ai/events/18358-brussels-adopts-implementation-measures-for-eu-s-deforestation-regulation.md) | +0.5% | +3.0% |
| PALMOIL | 2017-04-04 | [MEPs vote in favour of Own Initiative Report on Palm Oil and Deforestation of Rainforests - Fern](https://feedsoft.ai/events/71528-meps-vote-in-favour-of-own-initiative-report-on-palm-oil-and-deforestation-of.md) | -2.0% | -2.1% |
| PALMOIL | 2019-02-18 | [Palm Oil Monitor Special Edition: Analysis of Europe’s Delegated Act - Palm Oil Monitor](https://feedsoft.ai/events/60623-palm-oil-monitor-special-edition-analysis-of-europe-s-delegated-act-palm-oil.md) | -0.2% | -6.7% |
| SBO | 2017-04-04 | [MEPs vote in favour of Own Initiative Report on Palm Oil and Deforestation of Rainforests - Fern](https://feedsoft.ai/events/71528-meps-vote-in-favour-of-own-initiative-report-on-palm-oil-and-deforestation-of.md) | -0.2% | +3.0% |
| SBO | 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) | +1.5% | -3.4% |
| SBO | 2019-11-21 | [Policy Brief: EU’s Renewable Energy Directive (RED) II and Implications on Palm Oil Trade - CARI ASEAN Research and Advocacy](https://feedsoft.ai/events/56084-policy-brief-eu-s-renewable-energy-directive-red-ii-and-implications-on-palm.md) | -2.7% | +8.3% |

## Sources

- palmoilmonitor.org: https://palmoilmonitor.org/2018/05/17/pom-exclusive-documents-detail-red-negotiations-in-brussels/

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