EU Council, Parliament back Commission’s original EUDR delay proposal

Read the latest update on the proposed delay to the implementation to the EUDR.

The Council of the European Union and the European Parliament have reached a provisional agreement on the Commission’s proposal to delay by twelve months the application of the EU Deforestation Regulation (EUDR).

The agreement wipes out all the amendments approved by the EU Parliament during its plenary in mid-November, including the creation of a new category of countries posing “no risk” on deforestation in addition to the existing three categories of “low”, “standard” and “high” risk.

An EU official told Fastmarkets that the provisional agreement will most probably be endorsed on Wednesday December 4 by both the Council’s Committee of Permanent Representatives (COREPER) and by the Parliament’s Environment, Public Health and Food Safety (ENVI) committee. The agreement will then have to be voted by the Parliament during its last plenary, which will take place on December 16-19 in Strasbourg, and then formally adopted by the Council, signed and published in the Official Journal before December 30, 2024.

According to the original Commission’s proposal, the EUDR will be applied on December 30 2025 for large companies and on June 30 2026 for micro and small enterprises.

Interested in learning more? At Fastmarkets, we provide updates on major market events including new regulations as well as macroeconomic shifts, alongside our price data, forecasting and analysis. Speak to one of our experts to find out more.

Case Study

Learn how to monitor packaging prices using cost and price indices and understand the underlying cost drivers, from material cost to labor, energy and more. Examples include cartonboard, liquid container and paper bag.

What to read next
MB-STE-0027 Steel cold-rolled coil domestic, exw Southern Europe, €/tonne was incorrectly published as €710-750 per tonne, now corrected to €730-750 per tonne. MB-STE-0031 Steel hot-dipped galvanized coil domestic, exw Southern Europe, €/tonne was incorrectly published as €700-730 per tonne, now corrected to €730-750 per tonne. MB-STE-0030 Steel hot-dipped galvanized coil domestic, exw Northern Europe, €/tonne was incorrectly published as €710-745 per […]
As the year draws to a close, GCC mills are strategically trimming containerboard inventories, anticipating a swift rebound in demand following New Year celebrations and the onset of Ramadan preparations.
Fastmarkets launches assessments for western S-P-F #2&btr 2x4-2x12 delivered Vancouver and delivered Calgary, western S-P-F MSR 1650f and 2100f 2x4 and 2x6 delivered Vancouver, eastern S-P-F #1&2 2x4 and 2x6 8’-16’ specified lengths delivered Montreal, eastern S-P-F MSR 1650f and 2100f 2x4 delivered Toronto, and 1650f 2x6 delivered Toronto on Thursday December 18, 2025.
Fastmarkets has corrected its AG-UCO-0010 Used cooking oil, cif Amsterdam, Rotterdam, Antwerp price, which was published incorrectly on December 15.
On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year.
Fastmarkets proposes to amend the pricing frequency of its copper grade A cathode premium, delivered Germany; copper grade A cathode premium, cif Leghorn; and copper EQ cathode premium, cif Europe to one a week from the current fortnightly basis, effective December 30.