# Indonesia, Malaysia launch efforts to counter EU palm oil resolution

> Indonesia and Malaysia are launching joint efforts to counter a European Parliament resolution on palm oil. Indonesia exported 4.37 million tonnes of palm oil to the EU last year and Malaysia exported 2.06 million tonnes.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/71386-indonesia-malaysia-launch-efforts-to-counter-eu-palm-oil-resolution
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The EU is a major palm oil buyer, so a threatened phase-out of palm-based biofuels after 2020 would weigh on demand and prices if it is implemented.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-04-05 | [Malaysia worried EU resolution could dent palm oil exports \| The Star](https://feedsoft.ai/events/71390-malaysia-worried-eu-resolution-could-dent-palm-oil-exports-the-star.md) | -0.3% | -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 | 2018-01-18 | [Indonesia, Malaysia condemn European move to limit palm oil use \| Reuters](https://feedsoft.ai/events/67074-indonesia-malaysia-condemn-european-move-to-limit-palm-oil-use-reuters.md) | +0.5% | -0.0% |
| 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% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/us-indonesia-malaysia-eu-palmoil-idUSKBN17E094/

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