# Malaysia worried EU resolution could dent palm oil exports | The Star

> Malaysia's plantation minister calls the April 4 European Parliament resolution biased and damaging to palm oil. The non-binding measure would allow only certified sustainable palm oil into the EU after 2020. The EU bought 2.06 million tonnes of Malaysian palm oil products in 2016.

- Date: 2017-04-05 · published 2017-04-05T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/71390-malaysia-worried-eu-resolution-could-dent-palm-oil-exports-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The EU is Malaysia's second-largest export market, so the proposed sustainability-only rule threatens export demand and prices.

## 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 | 2026-01-16 | [Indonesia’s B50 delay opens short-term export window for Malaysian palm oil \| The Star](https://feedsoft.ai/events/15501-indonesia-s-b50-delay-opens-short-term-export-window-for-malaysian-palm-oil-the.md) | +2.3% | +5.7% |
| PALMOIL | 2022-11-03 | [New EU deforestation regulation could threaten the palm oil sector](https://feedsoft.ai/events/38694-new-eu-deforestation-regulation-could-threaten-the-palm-oil-sector.md) | -3.2% | -0.2% |
| PALMOIL | 2018-11-27 | [Divided over Indonesian removal of levy on palm oil exports \| The Star](https://feedsoft.ai/events/61910-divided-over-indonesian-removal-of-levy-on-palm-oil-exports-the-star.md) | -1.1% | +2.6% |
| 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% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2017/04/05/malaysia-worried-eu-resolution-could-dent-palm-oil-exports/

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