# MEPs call for stricter rules on palm oil | Greens/EFA

> Greens/EFA welcomed the European Parliament's adoption of an own-initiative report on palm oil and rainforest deforestation, the first time MEPs have called for stricter palm oil import rules. The group urged the Commission to set mandatory minimum standards and phase out palm oil in biofuels by 2020.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/71527-meps-call-for-stricter-rules-on-palm-oil-greens-efa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

This is a campaign statement reacting to the vote; its price relevance lies in the underlying policy push toward stricter palm oil import rules and biofuel phase-outs.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-03-08 | [MEPs call for measures to stem deforestation for palm oil \| AGENCE EUROPE](https://feedsoft.ai/events/72015-meps-call-for-measures-to-stem-deforestation-for-palm-oil-agence-europe.md) | -2.6% | -7.5% |
| PALMOIL | 2019-05-23 | [Palm oil extends losses on EU rule, weaker soyoil \| The Star](https://feedsoft.ai/events/59163-palm-oil-extends-losses-on-eu-rule-weaker-soyoil-the-star.md) | -0.1% | -0.9% |
| PALMOIL | 2019-05-30 | [Call on EU to reclassify M’sian oil palm cultivation activities](https://feedsoft.ai/events/59120-call-on-eu-to-reclassify-m-sian-oil-palm-cultivation-activities.md) | +0.5% | -1.5% |
| PALMOIL | 2019-04-15 | [Palm oil is not a green fuel, says EU \| T&E](https://feedsoft.ai/events/59610-palm-oil-is-not-a-green-fuel-says-eu-t-and-e.md) | +0.1% | -9.1% |
| PALMOIL | 2018-12-04 | [Indonesia relaxes palm oil levy rules \| The Star](https://feedsoft.ai/events/61467-indonesia-relaxes-palm-oil-levy-rules-the-star.md) | +0.7% | +8.4% |

## Sources

- greens-efa.eu: https://www.greens-efa.eu/en/article/press/meps-call-for-stricter-rules-on-palm-oil

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