On-the-Ground Updates

Canadian canola could gain from EU's ban on palm oil

Crude Canola Oil & Rapeseed Oil
Sustainability & Environmental Impact
Market & Price Trends
Innovation & Technology
Rajjun Sahota
Published Aug 24, 2020
In January the EU capped palm oil biodiesel production at 2019 levels and the plans to begin phasing out its use in 2023 before complete elimination by 2030. Europe has decided to phase out palm oil due to concerns about deforestation in Malaysia and Indonesia. This could provide a great opportunity for Canadian canola and canola oil exporters as the oil is a great substitute along with soybean and sunflower oils.

What to read next

On-the-Ground Updates
Frosty Weather in Poland Disrupts Apple Orchards, Prices Set to Rise in 2024
Theodoros Damvakaris · Apr 25, 2024
On-the-Ground Updates
Price of Fresh Cuttlefish Surged 9.1% WoW in the Italian Market Due to an Abundant Supply
Giselle Landaeta · Apr 24, 2024
On-the-Ground Updates
Egypt's Fresh Garlic Prices Soared by 40% MoM in Apr-24 Amid Inflation and Currency Changes
Emad Kader · Apr 24, 2024
On-the-Ground Updates
Stable Bread Prices in Egypt Despite 10% MoM Drop in White Wheat Prices
Emad Kader · Apr 24, 2024
On-the-Ground Updates
Early Greek Bostana Watermelon Exports Begin Amidst Chilly European Weather
Theodoros Damvakaris · Apr 22, 2024

Read more relevant content

News
Soybean week was marked by positive prices and greater Chinese demand
CanalRural · Apr 27, 2024
News
Uruguay: Demand for refrigerators slowed
Agromeat · Apr 28, 2024
News
Japan will finance recovery of Brazilian pastures with interest rates below 5%, says Fávaro
CanalRural · Apr 27, 2024
News
The Uruguayan dairy sector: Record despite the mud
Agromeat · Apr 28, 2024
News
Vilella promised a senior German official that Argentina will comply with the relentless European demand to stop
Bichos de campo · Apr 27, 2024
News
Argentina: Annual Cereals and Feed Report
Agromeat · Apr 28, 2024
News
Uruguay and the tick: agricultural emergency
Agromeat · Apr 28, 2024
News
Hazard Analysis and Critical Control Points (HACCP) in the Latin American food industry: advances and best practices
Agromeat · Apr 27, 2024
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.