# Winners and losers from the proposed ban on palm oil - Renewable Carbon News

> Kiel Institute professor Gernot Klepper analyses the effects of the European Parliament's proposed ban on palm oil for EU biofuels by 2020, noting European biodiesel uses about four percent of global palm oil. The analysis asks whether the ban would reduce deforestation and improve biofuel climate performance.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/65525-winners-and-losers-from-the-proposed-ban-on-palm-oil-renewable-carbon-news
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A ban on palm oil in EU biodiesel would reduce demand for palm oil in one market segment, which is mildly bearish for palm oil prices if enacted.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-02-01 | [Palm oil exporters back govt to retaliate on France, Norway and the EU's palm oil ban](https://feedsoft.ai/events/6969-palm-oil-exporters-back-govt-to-retaliate-on-france-norway-and-the-eu-s-palm.md) | +5.2% | -0.2% |
| PALMOIL | 2017-12-08 | [Palm Oil News - IV Commission, Indonesian Legislators: Palm Oil Resolution, The Ways of Europe to Damage Indonesia from back side](https://feedsoft.ai/events/67490-palm-oil-news-iv-commission-indonesian-legislators-palm-oil-resolution-the-ways.md) | -1.3% | +6.4% |
| PALMOIL | 2018-03-21 | [Ban on palm oil to profit rapeseed and soy - Food & Agribusiness](https://feedsoft.ai/events/66096-ban-on-palm-oil-to-profit-rapeseed-and-soy-food-and-agribusiness.md) | +0.2% | +0.3% |
| PALMOIL | 2023-01-13 | [Growing tensions between Asian palm oil producers and the European Union \| Reuters](https://feedsoft.ai/events/37813-growing-tensions-between-asian-palm-oil-producers-and-the-european-union-reuters.md) | +0.1% | -0.0% |
| PALMOIL | 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) | 0.0% | +9.3% |
| SBO | 2017-12-11 | [Sanity should prevail over proposed EU palm oil ban - The Malaysian Reserve](https://feedsoft.ai/events/67487-sanity-should-prevail-over-proposed-eu-palm-oil-ban-the-malaysian-reserve.md) | -1.1% | +0.0% |
| SBO | 2021-10-15 | [The RFS and President Biden's Low-Carbon Paradox](https://feedsoft.ai/events/44395-the-rfs-and-president-biden-s-low-carbon-paradox.md) | +3.6% | -0.9% |
| SBO | 2018-03-06 | [Oil, agriculture and the environment deserve an improved Renewable Fuel Standard](https://feedsoft.ai/events/65895-oil-agriculture-and-the-environment-deserve-an-improved-renewable-fuel-standard.md) | -1.4% | +1.0% |

## Sources

- renewable-carbon.eu: https://renewable-carbon.eu/news/winners-and-losers-from-the-proposed-ban-on-palm-oil/

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