# Indonesia, Malaysia condemn European move to limit palm oil use | Reuters

> Indonesia and Malaysia criticised an EU move to back a ban on palm oil use in biofuels, with a Malaysian minister calling it a protectionist trade barrier. Malaysian ambassadors in the EU are set to raise objections.

- Date: 2018-01-18 · published 2018-01-18T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/67074-indonesia-malaysia-condemn-european-move-to-limit-palm-oil-use-reuters
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A European biofuel ban removes a large export outlet for palm oil, which is bearish for palm prices and raises trade-tension risk between major vegetable oil exporters.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-04-12 | [Indonesia, Malaysia launch efforts to counter EU palm oil resolution](https://feedsoft.ai/events/71386-indonesia-malaysia-launch-efforts-to-counter-eu-palm-oil-resolution.md) | -2.5% | +1.6% |
| PALMOIL | 2025-08-20 | [Malaysia and Indonesia move to be labeled “low-risk” for palm oil.](https://feedsoft.ai/events/23345-malaysia-and-indonesia-move-to-be-labeled-low-risk-for-palm-oil.md) | -0.2% | +1.7% |
| PALMOIL | 2018-06-14 | [EU new palm oil rule seen to be setting up clash with Malaysia, Indonesia](https://feedsoft.ai/events/64410-eu-new-palm-oil-rule-seen-to-be-setting-up-clash-with-malaysia-indonesia.md) | -1.2% | -6.6% |
| PALMOIL | 2025-01-02 | [Indonesia's B40 palm oil delay causes market uncertainty \| Reuters](https://feedsoft.ai/events/5045-indonesia-s-b40-palm-oil-delay-causes-market-uncertainty-reuters.md) | -10.6% | -10.3% |
| PALMOIL | 2019-04-09 | [Indonesia, Malaysia send letter protesting EU palm oil curbs](https://feedsoft.ai/events/59471-indonesia-malaysia-send-letter-protesting-eu-palm-oil-curbs.md) | -1.9% | -8.4% |
| SBO | 2022-07-16 | [Indonesia removes palm oil export levy until Aug. 31 \| Reuters](https://feedsoft.ai/events/15803-indonesia-removes-palm-oil-export-levy-until-aug-31-reuters.md) | -0.2% | +6.5% |
| SBO | 2018-06-14 | [EU new palm oil rule seen to be setting up clash with Malaysia, Indonesia](https://feedsoft.ai/events/64410-eu-new-palm-oil-rule-seen-to-be-setting-up-clash-with-malaysia-indonesia.md) | -2.4% | -6.3% |
| SBO | 2022-04-27 | [Indonesia stuns markets as it widens ban to include CPO, refined palm oil \| Reuters](https://feedsoft.ai/events/41964-indonesia-stuns-markets-as-it-widens-ban-to-include-cpo-refined-palm-oil-reuters.md) | -2.8% | -5.6% |

## Sources

- reuters.com: https://www.reuters.com/article/business/energy/indonesia-malaysia-condemn-european-move-to-limit-palm-oil-use-idUSL3N1PD2YR/

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