# Will the EU call the palm oil nations’ bluff? | T&E

> Transport & Environment argues the EU should end support for palm oil biodiesel after Parliament's renewable energy directive vote capped food-based biofuels. Indonesia and Malaysia, which control 85% of world palm oil output, have threatened retaliation.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/66025-will-the-eu-call-the-palm-oil-nations-bluff-t-and-e
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

If the EU phases out palm oil biodiesel support, demand from European biodiesel would shrink, a bearish factor for palm oil, while the threatened retaliation adds trade risk for vegetable oil markets.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-03-12 | [People or palm oil corporations: who will the EU listen to? \| T&E](https://feedsoft.ai/events/60109-people-or-palm-oil-corporations-who-will-the-eu-listen-to-t-and-e.md) | -0.6% | +2.9% |
| PALMOIL | 2020-03-02 | [The Palm Oil Conundrum in EU-ASEAN Relations – The Diplomat](https://feedsoft.ai/events/54014-the-palm-oil-conundrum-in-eu-asean-relations-the-diplomat.md) | -7.2% | -13.4% |
| PALMOIL | 2019-05-30 | [Call on EU to reclassify M’sian oil palm cultivation activities](https://feedsoft.ai/events/59120-call-on-eu-to-reclassify-m-sian-oil-palm-cultivation-activities.md) | +0.5% | -1.5% |
| PALMOIL | 2019-03-22 | [EU bases planned palm oil restriction on 2015 data - National - The Jakarta Post](https://feedsoft.ai/events/60111-eu-bases-planned-palm-oil-restriction-on-2015-data-national-the-jakarta-post.md) | -0.6% | +0.7% |
| PALMOIL | 2022-11-03 | [New EU deforestation regulation could threaten the palm oil sector](https://feedsoft.ai/events/38694-new-eu-deforestation-regulation-could-threaten-the-palm-oil-sector.md) | -3.2% | -0.2% |
| SBO | 2019-02-12 | [EU targets palm oil for road fuel phase-out, but with exemptions](https://feedsoft.ai/events/60625-eu-targets-palm-oil-for-road-fuel-phase-out-but-with-exemptions.md) | -1.7% | -1.5% |
| SBO | 2019-05-23 | [Palm oil extends losses on EU rule, weaker soyoil \| The Star](https://feedsoft.ai/events/59163-palm-oil-extends-losses-on-eu-rule-weaker-soyoil-the-star.md) | +1.7% | +4.7% |
| SBO | 2018-02-13 | [Minister: Malaysia will retaliate against EU goods in case of palm oil ban](https://feedsoft.ai/events/66372-minister-malaysia-will-retaliate-against-eu-goods-in-case-of-palm-oil-ban.md) | +0.0% | +0.5% |

## Sources

- transportenvironment.org: https://www.transportenvironment.org/articles/will-eu-call-palm-oil-nations-bluff

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