# EU’s Palm Oil Curbs Could Backfire |         Global Oil & Fats Business Online – gofbonline.com

> Global Oil & Fats commentary argues that the European Parliament's April resolution on palm oil, which proposes a single certification scheme by 2020 and labeling rules, could backfire. It contends that demand for affordable vegetable oil will not disappear and that restricting palm could push buyers toward other oils. The piece is an opinion comment rather than a new policy decision.

- Date: 2017-06-21 · published 2017-06-21T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/70528-eu-s-palm-oil-curbs-could-backfire-global-oil-and-fats-business-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

If EU certification rules reduce palm oil access, supply could tighten for buyers, which would be mildly bullish for palm oil and competing vegetable oils.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-01-30 | [Indonesia’s palm oil export curbs upend global edible oil markets - Markets - Business Recorder](https://feedsoft.ai/events/8091-indonesia-s-palm-oil-export-curbs-upend-global-edible-oil-markets-markets.md) | +7.1% | +10.5% |
| PALMOIL | 2025-06-02 | [Indonesia's B50 push could lift global palm oil prices: report](https://feedsoft.ai/events/24322-indonesia-s-b50-push-could-lift-global-palm-oil-prices-report.md) | +2.3% | +3.8% |
| PALMOIL | 2022-04-28 | [Why Indonesia’s Palm Oil Export Ban Could Backfire \| Carnegie Endowment for International Peace](https://feedsoft.ai/events/42139-why-indonesia-s-palm-oil-export-ban-could-backfire-carnegie-endowment-for.md) | +8.6% | -1.2% |
| PALMOIL | 2020-05-31 | [Indonesia keeps palm oil, cocoa export taxes unchanged for June - BusinessWorld Online](https://feedsoft.ai/events/6050-indonesia-keeps-palm-oil-cocoa-export-taxes-unchanged-for-june-businessworld.md) | +12.8% | +14.3% |
| PALMOIL | 2023-11-02 | [Palm oil rises by more than 2% as Indonesia extends export curbs - Markets - Business Recorder](https://feedsoft.ai/events/33278-palm-oil-rises-by-more-than-2-as-indonesia-extends-export-curbs-markets.md) | +4.1% | +6.2% |

## Sources

- gofbonline.com: https://gofbonline.com/eus-palm-oil-curbs-could-backfire/

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