# Palm Oil: New Frontiers for a Long-Time Driver of Deforestation — EIA

> The EIA report says large-scale palm oil producers in Indonesia and Malaysia, which produce over 85% of world palm oil, are expanding into Sub-Saharan Africa and Latin America. It links the expansion to governance problems and deforestation.

- Date: 2018-04-28 · published 2018-04-28T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/65526-palm-oil-new-frontiers-for-a-long-time-driver-of-deforestation-eia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Expansion of palm supply into new regions is a longer-term supply consideration for palm oil, but the article does not announce any immediate production or price change.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-06-11 | [Europe “dangerously behind” on achieving deforestation-free soy, palm, timber, cocoa](https://feedsoft.ai/events/58614-europe-dangerously-behind-on-achieving-deforestation-free-soy-palm-timber-cocoa.md) | +0.9% | -2.3% |
| PALMOIL | 2018-09-25 | [Deforestation-linked palm oil still finding its way into top consumer brands: report](https://feedsoft.ai/events/62903-deforestation-linked-palm-oil-still-finding-its-way-into-top-consumer-brands.md) | -2.4% | -0.0% |
| PALMOIL | 2024-08-14 | [EU commodities import continue to drive deforestation - EMMA4EU](https://feedsoft.ai/events/28805-eu-commodities-import-continue-to-drive-deforestation-emma4eu.md) | +1.7% | +7.8% |
| PALMOIL | 2024-05-29 | [EU27 countries in the spotlight for deforestation exposure](https://feedsoft.ai/events/30265-eu27-countries-in-the-spotlight-for-deforestation-exposure.md) | +1.5% | +1.1% |
| PALMOIL | 2019-06-11 | [Eliminating deforestation from supply chains by 2020: a review of the Amsterdam Declaration countries – Global Canopy](https://feedsoft.ai/events/58616-eliminating-deforestation-from-supply-chains-by-2020-a-review-of-the-amsterdam.md) | +0.9% | -2.3% |

## Sources

- eia.org: https://eia.org/blog/palm-oil-new-frontiers-for-a-long-time-driver-of-deforestation/

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