# Malaysia to respond with 'might and tact' if EU proceeds with palm oil curbs: minister

> Malaysia's trade minister said the country would respond with 'might and tact' if the EU proceeds with palm oil curbs, and would withhold cooperation on trade talks. A significant share of Malaysian palm oil exported to the EU is used as biodiesel feedstock.

- Date: 2018-03-06 · published 2018-03-06T12:00:00.000Z
- Category: geopolitics · region EU · magnitude medium
- Page: https://feedsoft.ai/events/65879-malaysia-to-respond-with-might-and-tact-if-eu-proceeds-with-palm-oil-curbs
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Potential EU restrictions on palm-based biodiesel threaten a major export outlet, which is bearish for palm oil if enacted, while the threatened retaliation adds trade uncertainty.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-05-27 | [Forget US-China, the Malaysia-Indonesia-EU trade war may be upon us \| South China Morning Post](https://feedsoft.ai/events/64890-forget-us-china-the-malaysia-indonesia-eu-trade-war-may-be-upon-us-south-china.md) | -0.9% | -4.7% |
| PALMOIL | 2022-03-14 | [Palm plummets nearly 10% as rival Dalian oils, crude weaken - Markets - Business Recorder](https://feedsoft.ai/events/5499-palm-plummets-nearly-10-as-rival-dalian-oils-crude-weaken-markets-business.md) | -5.0% | -10.6% |
| PALMOIL | 2026-10-01 | [CPO Futures Extend Losses Amid Weaker Crude Oil Prices](https://feedsoft.ai/events/9799-cpo-futures-extend-losses-amid-weaker-crude-oil-prices.md) | -5.8% | -3.8% |
| PALMOIL | 2022-03-28 | [Palm falls as crude prices slump, March exports weaken - Markets - Business Recorder](https://feedsoft.ai/events/5916-palm-falls-as-crude-prices-slump-march-exports-weaken-markets-business-recorder.md) | -13.0% | -3.9% |
| PALMOIL | 2020-03-08 | [Oil price war between Saudi, Russia after failed OPEC deal](https://feedsoft.ai/events/54278-oil-price-war-between-saudi-russia-after-failed-opec-deal.md) | -6.5% | -12.1% |
| SBO | 2020-03-08 | [Saudi Arabia slashes April oil selling prices as OPEC+ fails to extend output curbs](https://feedsoft.ai/events/4424-saudi-arabia-slashes-april-oil-selling-prices-as-opec-fails-to-extend-output.md) | -8.3% | -7.2% |
| SBO | 2020-03-09 | [AP Explains: The oil market meltdown and its global impact \| AP News](https://feedsoft.ai/events/4420-ap-explains-the-oil-market-meltdown-and-its-global-impact-ap-news.md) | -8.3% | -7.2% |
| SBO | 2022-03-14 | [Palm plummets nearly 10% as rival Dalian oils, crude weaken - Markets - Business Recorder](https://feedsoft.ai/events/5499-palm-plummets-nearly-10-as-rival-dalian-oils-crude-weaken-markets-business.md) | -9.8% | +240.8% |

## Sources

- reuters.com: https://www.reuters.com/article/palmoil-outlook-eu/update-2-malaysia-to-respond-with-might-and-tact-if-eu-proceeds-with-palm-oil-curbs-minister-idUSL4N1QO1V4/

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