# SPEEDA | Indonesian and Malaysian Palm Oil Industry at Critical Crossroads, given EU Resolution to Ban Palm Oil in Biofuels by 2020? | SPEEDA

> The EU passed a resolution in April 2017 to phase out palm oil in biofuels by 2020 and launched a palm oil certification programme in August. Analysts expect Indonesian and Malaysian palm export revenue to fall at a 6-7% annual rate over 2016-2020.

- Date: 2017-09-27 · published 2017-09-27T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/68831-speeda-indonesian-and-malaysian-palm-oil-industry-at-critical-crossroads-given
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A planned EU biofuel ban removes a major palm oil outlet, which is bearish for palm oil prices and pressures producer export revenue.

## Read by commodity

- 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 | 2017-11-22 | [Malaysia, Indonesia say EU palm resolution will affect millions](https://feedsoft.ai/events/67867-malaysia-indonesia-say-eu-palm-resolution-will-affect-millions.md) | -0.0% | -5.3% |
| PALMOIL | 2017-04-11 | [Indonesia and Malaysia look to ‘kill’ Parliament’s palm oil ban](https://feedsoft.ai/events/71391-indonesia-and-malaysia-look-to-kill-parliament-s-palm-oil-ban.md) | -1.8% | +2.1% |
| PALMOIL | 2019-08-27 | [Palm oil: Indonesia and Malaysia push back as EU clamps down - Nikkei Asia](https://feedsoft.ai/events/57462-palm-oil-indonesia-and-malaysia-push-back-as-eu-clamps-down-nikkei-asia.md) | -1.2% | +0.3% |
| 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% |

## Sources

- asia.ub-speeda.com: https://asia.ub-speeda.com/en/indonesian-and-malaysian-palm-oil-industry-at-critical-crossroads-given-eu-resolution-to-ban-palm-oil-in-biofuels-by-2020/

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