# Some EU governments against palm oil curbs | Simon Roughneen

> Palm oil producers in Asia are urging European governments not to proceed with proposals restricting palm oil. Indonesia and Malaysia supply about 85% of world palm oil, and about 15% of their palm oil exports go to the EU.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/66515-some-eu-governments-against-palm-oil-curbs-simon-roughneen
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The lobbying signals uncertainty over EU demand for palm oil, which could weigh on palm prices if restrictions advance.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-02-13 | [Malaysia backs off from WTO suit against EU on palm oil](https://feedsoft.ai/events/54694-malaysia-backs-off-from-wto-suit-against-eu-on-palm-oil.md) | -2.8% | -16.7% |
| PALMOIL | 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) | -0.7% | -3.5% |
| PALMOIL | 2019-04-15 | [Palm oil is not a green fuel, says EU \| T&E](https://feedsoft.ai/events/59610-palm-oil-is-not-a-green-fuel-says-eu-t-and-e.md) | +0.1% | -9.1% |
| PALMOIL | 2018-06-22 | [EU palm oil deal stirs controversy](https://feedsoft.ai/events/64413-eu-palm-oil-deal-stirs-controversy.md) | +0.6% | -5.4% |
| PALMOIL | 2017-11-02 | [MP: Most European countries against palm oil imports \| Borneo Post Online](https://feedsoft.ai/events/68003-mp-most-european-countries-against-palm-oil-imports-borneo-post-online.md) | -0.6% | -3.2% |

## Sources

- simonroughneen.com: https://www.simonroughneen.com/asia/seasia/indonesia/palm-oil-producers-in-asia-want-eu-to-step-back-from-restrictions-nikkei-asian-review/

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