# EU proposal to delay anti-deforestation rule bullish for palm oil: analysts | S&P Global

> On Oct 2, 2024, the European Commission proposed delaying the EU anti-deforestation rule (EUDR) by 12 months, to end-2025 for large companies and June 30, 2026 for small firms. Traders said the delay could unlock stalled EU palm oil orders for 2025.

- Date: 2024-10-03 · published 2024-10-03T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/7240-eu-proposal-to-delay-anti-deforestation-rule-bullish-for-palm-oil-analysts-s
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Postponing the rule would likely lift EU demand for palm and other covered commodities, and traders expect the vegetable oils complex to stay tight into Q2 2025.

## Read by commodity

- CSM: neutral
- SBO: bullish ▲
- PALMOIL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| PALMOIL | 2024-10-04 | 5 | +9.1% | 4.5 | The EU proposal to delay the EUDR, which analysts called bullish, could unlock stalled EU palm orders and lifted sentiment on Oct 2-3. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-10-02 | [EU proposes to delay landmark anti-deforestation law by 12 months](https://feedsoft.ai/events/27893-eu-proposes-to-delay-landmark-anti-deforestation-law-by-12-months.md) | +3.6% | +5.8% |
| PALMOIL | 2025-09-25 | [Malaysia palm oil body says EU delay on deforestation rule key to address concerns \| Reuters](https://feedsoft.ai/events/22881-malaysia-palm-oil-body-says-eu-delay-on-deforestation-rule-key-to-address.md) | -0.7% | +0.8% |
| PALMOIL | 2022-11-17 | [Oil palm smallholder farmers and EU deforestation regulation](https://feedsoft.ai/events/38693-oil-palm-smallholder-farmers-and-eu-deforestation-regulation.md) | -0.3% | -0.9% |
| PALMOIL | 2022-02-07 | [EU ministers to debate proposal on deforestation-related products on 21 February \| AGENCE EUROPE](https://feedsoft.ai/events/42736-eu-ministers-to-debate-proposal-on-deforestation-related-products-on-21.md) | -1.0% | +16.7% |
| PALMOIL | 2022-02-21 | [EU: Member states call for delay of EU anti-deforestation law - Business and Human Rights Centre](https://feedsoft.ai/events/42740-eu-member-states-call-for-delay-of-eu-anti-deforestation-law-business-and-human.md) | +2.9% | +11.3% |
| SBO | 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) | -4.8% | -6.1% |
| SBO | 2017-04-04 | [Texts adopted - Palm oil and deforestation of rainforests - Tuesday, 4 April 2017](https://feedsoft.ai/events/71523-texts-adopted-palm-oil-and-deforestation-of-rainforests-tuesday-4-april-2017.md) | -0.2% | +3.0% |
| SBO | 2019-11-03 | [Indonesia's Biofuel Plan Will Impact Global Palm Oil Price, Analysts Say](https://feedsoft.ai/events/4288-indonesia-s-biofuel-plan-will-impact-global-palm-oil-price-analysts-say.md) | +1.5% | -3.4% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/100324-eu-proposal-to-delay-anti-deforestation-rule-bullish-for-palm-oil-analysts

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