# Palm oil exporters back govt to retaliate on France, Norway and the EU's palm oil ban

> Malaysian planters, millers, refiners and exporters urged the government to retaliate against France, Norway and the EU over plans to ban palm biodiesel from 2020. The industry says the ban favors domestic rapeseed and sunflower oil and is hurting trade talks.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/6969-palm-oil-exporters-back-govt-to-retaliate-on-france-norway-and-the-eu-s-palm
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A biodiesel ban removes a major palm oil demand outlet in Europe, which pressures palm prices and could shift European demand toward rapeseed oil.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 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) | -3.5% | -1.7% |
| 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 | 2018-10-17 | [The EU’s risky move on palm oil - Punch Newspapers](https://feedsoft.ai/events/62553-the-eu-s-risky-move-on-palm-oil-punch-newspapers.md) | -0.5% | -8.9% |
| PALMOIL | 2018-06-14 | [EU to phase out palm oil from transport fuel by 2030 \| Reuters](https://feedsoft.ai/events/64538-eu-to-phase-out-palm-oil-from-transport-fuel-by-2030-reuters.md) | -1.2% | -6.6% |
| PALMOIL | 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) | +2.6% | -7.0% |

## Sources

- nst.com.my: https://www.nst.com.my/business/2019/02/456411/palm-oil-exporters-back-govt-retaliate-france-norway-and-eus-palm-oil-ban

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