# Palm Oil News - National Palm Oil Industries Might be Good

> Info Sawit reports that the Indonesian Palm Oil Association sees 2017 as a potentially good year for the national palm oil industry. The outlook relies on continued biodiesel programmes in Indonesia and Malaysia. The association also flagged risks including a proposed French tax, 3-MCPD contamination concerns, and deforestation criticism in the EU.

- Date: 2017-02-01 · published 2017-02-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/72369-palm-oil-news-national-palm-oil-industries-might-be-good
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Sustained biodiesel blending would absorb palm oil supply and could support prices, but the trade risks cited could cap demand from importers.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-12-19 | [Palm oil industry catalyst](https://feedsoft.ai/events/15770-palm-oil-industry-catalyst.md) | -0.6% | +1.5% |
| PALMOIL | 2018-02-28 | [Palm Oil News - CPO OF in March 2018 is Zero](https://feedsoft.ai/events/10369-palm-oil-news-cpo-of-in-march-2018-is-zero.md) | -0.9% | -2.6% |
| PALMOIL | 2022-04-22 | [Indonesia bans palm oil exports as global food inflation spikes](https://feedsoft.ai/events/41928-indonesia-bans-palm-oil-exports-as-global-food-inflation-spikes.md) | +1.1% | -2.1% |
| PALMOIL | 2021-02-03 | [Palm Oil News - Lame Palm Oil Beaten by Export Tax](https://feedsoft.ai/events/48504-palm-oil-news-lame-palm-oil-beaten-by-export-tax.md) | +2.2% | +8.2% |
| PALMOIL | 2016-11-23 | [Palm Oil News - B20 Could Have Better Palm Oil Price?](https://feedsoft.ai/events/73943-palm-oil-news-b20-could-have-better-palm-oil-price.md) | +0.7% | +5.5% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/5365/national-palm-oil-industries-might-be-good

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