# Europe-Asia trade war looms over palm oil - Asia Times

> Draft EU legislation would ban palm oil biofuel imports from 2021 over deforestation concerns, which Malaysia has called 'crop apartheid'. Indonesia has vowed to retaliate, and the European Commission has not yet finalized the law. Malaysia's plantations minister has threatened retaliatory trade measures.

- Date: 2018-03-27 · published 2018-03-27T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/66114-europe-asia-trade-war-looms-over-palm-oil-asia-times
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A possible EU ban and retaliation threats create trade uncertainty that could pressure palm oil export demand and prices, while benefiting rival vegetable oils.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-04-01 | [Palm Oil Is at the Heart of the Next Trade War](https://feedsoft.ai/events/59954-palm-oil-is-at-the-heart-of-the-next-trade-war.md) | +3.8% | +0.9% |
| PALMOIL | 2019-09-30 | [EU palm oil ban more than environmental issue - Asia Times](https://feedsoft.ai/events/57133-eu-palm-oil-ban-more-than-environmental-issue-asia-times.md) | -2.1% | +2.5% |
| PALMOIL | 2018-03-09 | [UK defies EU over Indonesian palm oil trade, leaked papers show \| Palm oil \| The Guardian](https://feedsoft.ai/events/66022-uk-defies-eu-over-indonesian-palm-oil-trade-leaked-papers-show-palm-oil-the.md) | +0.5% | +3.8% |
| PALMOIL | 2019-11-23 | [Palm Oil News - Palm Oil Sues European Union](https://feedsoft.ai/events/56090-palm-oil-news-palm-oil-sues-european-union.md) | +3.4% | +9.1% |
| PALMOIL | 2017-11-07 | [EU palm oil policies are undermining Europe’s goals in South-East Asia](https://feedsoft.ai/events/68001-eu-palm-oil-policies-are-undermining-europe-s-goals-in-south-east-asia.md) | +0.4% | -3.8% |
| SBO | 2019-04-01 | [Palm Oil Is at the Heart of the Next Trade War](https://feedsoft.ai/events/59954-palm-oil-is-at-the-heart-of-the-next-trade-war.md) | +2.8% | -1.7% |
| SBO | 2019-09-30 | [EU palm oil ban more than environmental issue - Asia Times](https://feedsoft.ai/events/57133-eu-palm-oil-ban-more-than-environmental-issue-asia-times.md) | +4.1% | +8.2% |
| SBO | 2019-11-23 | [Palm Oil News - Palm Oil Sues European Union](https://feedsoft.ai/events/56090-palm-oil-news-palm-oil-sues-european-union.md) | -3.0% | +9.4% |

## Sources

- asiatimes.com: https://asiatimes.com/2018/03/europe-asia-trade-war-looms-palm-oil/

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