# Sanity should prevail over proposed EU palm oil ban - The Malaysian Reserve

> Industry consultant M R Chandran argues the EU is unlikely to create its own palm oil standards and will likely accept RSPO certification, as the EU requires only 'certified sustainable' palm oil. He says the RSPO's new principles and criteria are expected in late 2018.

- Date: 2017-12-11 · published 2017-12-11T12:00:00.000Z
- Category: policy · region Europe · magnitude low
- Page: https://feedsoft.ai/events/67487-sanity-should-prevail-over-proposed-eu-palm-oil-ban-the-malaysian-reserve
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Uncertainty over a possible EU ban on palm oil and other vegetable oils weighs on Malaysian and Indonesian export expectations, but the consultant's view that certification will suffice reduces the perceived near-term risk.

## Read by commodity

- SBO: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-01-13 | [Explainer: Why Malaysia is considering a ban on palm oil exports to the European Union](https://feedsoft.ai/events/15766-explainer-why-malaysia-is-considering-a-ban-on-palm-oil-exports-to-the-european.md) | +0.1% | -0.0% |
| PALMOIL | 2024-09-27 | [Malaysia to support palm oil producers' compliance with EU deforestation law \| Reuters](https://feedsoft.ai/events/28329-malaysia-to-support-palm-oil-producers-compliance-with-eu-deforestation-law.md) | +6.8% | +9.7% |
| PALMOIL | 2024-12-16 | [RHB: Indonesia's Tax Changes Could Weaken Malaysia's Palm Oil Edge](https://feedsoft.ai/events/15599-rhb-indonesia-s-tax-changes-could-weaken-malaysia-s-palm-oil-edge.md) | -3.8% | -12.2% |
| PALMOIL | 2019-06-20 | [Malaysia keeps July crude palm oil export duty at 0% \| The Star](https://feedsoft.ai/events/58467-malaysia-keeps-july-crude-palm-oil-export-duty-at-0-the-star.md) | -0.9% | -1.8% |
| PALMOIL | 2023-09-18 | [Malaysia reviewing windfall tax on palm oil industry  - The Business Times](https://feedsoft.ai/events/15705-malaysia-reviewing-windfall-tax-on-palm-oil-industry-the-business-times.md) | -1.6% | -4.3% |
| SBO | 2018-04-26 | [Winners and losers from the proposed ban on palm oil - Renewable Carbon News](https://feedsoft.ai/events/65525-winners-and-losers-from-the-proposed-ban-on-palm-oil-renewable-carbon-news.md) | -1.4% | +3.0% |
| SBO | 2022-05-20 | [Malaysia to reduce palm oil export tax, biodiesel mandate](https://feedsoft.ai/events/15820-malaysia-to-reduce-palm-oil-export-tax-biodiesel-mandate.md) | -0.4% | -7.6% |
| SBO | 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) | +4.4% | +1.7% |

## Sources

- themalaysianreserve.com: https://themalaysianreserve.com/2017/12/12/sanity-prevail-proposed-eu-palm-oil-ban/

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