# Palm Oil Monitor – Weekly Update 14th May - Palm Oil Monitor

> The Palm Oil Monitor weekly update reports that the Changing Markets Foundation has claimed certification schemes have lost credibility, singling out palm oil. The report recommends curbing palm oil demand, particularly in biofuels, as EU renewables talks proceed in Brussels.

- Date: 2018-05-14 · published 2018-05-14T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/65118-palm-oil-monitor-weekly-update-14th-may-palm-oil-monitor
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Pressure on palm demand for biofuels could affect EU vegoil use, but the report is advocacy and has no direct near-term effect on prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-04 | [Palm Oil Monitor - Weekly Update 4th May 2018 - Palm Oil Monitor](https://feedsoft.ai/events/65042-palm-oil-monitor-weekly-update-4th-may-2018-palm-oil-monitor.md) | +1.6% | +3.4% |
| PALMOIL | 2018-09-13 | [Palm Oil Monitor - Weekly Update 13th September - Palm Oil Monitor](https://feedsoft.ai/events/63049-palm-oil-monitor-weekly-update-13th-september-palm-oil-monitor.md) | -1.7% | -2.6% |
| PALMOIL | 2018-09-24 | [Palm Oil Monitor – Weekly Update 24th September 2018 - Palm Oil Monitor](https://feedsoft.ai/events/63048-palm-oil-monitor-weekly-update-24th-september-2018-palm-oil-monitor.md) | +0.4% | -0.0% |
| PALMOIL | 2019-08-22 | [Palm Oil Monitor Weekly Update – 22nd August 2019 - Palm Oil Monitor](https://feedsoft.ai/events/57468-palm-oil-monitor-weekly-update-22nd-august-2019-palm-oil-monitor.md) | +0.5% | +2.4% |
| PALMOIL | 2022-07-19 | [Wee: Govt will monitor developments in palm oil industry](https://feedsoft.ai/events/15810-wee-govt-will-monitor-developments-in-palm-oil-industry.md) | -2.7% | +1.9% |

## Sources

- palmoilmonitor.org: https://palmoilmonitor.org/2018/05/14/palm-oil-monitor-weekly-update-14th-may/

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