# Indonesia, Malaysia seek more time to implement EU anti-deforestation law | Euractiv

> Indonesia and Malaysia, the two largest palm oil producers, say they need more time for small producers to meet EU anti-deforestation requirements. Traders have until 1 January 2025 to implement the rules, which can lead to suspension of products and fines for offenders.

- Date: 2023-11-09 · published 2023-11-09T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/33208-indonesia-malaysia-seek-more-time-to-implement-eu-anti-deforestation-law
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Traceability burdens on smallholder palm supply could constrain EU-bound palm oil and tighten availability, supporting palm oil prices. The effect is a longer-term medium driver.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-02-09 | [Indonesia, Malaysia to send palm oil envoys to EU over deforestation law](https://feedsoft.ai/events/37353-indonesia-malaysia-to-send-palm-oil-envoys-to-eu-over-deforestation-law.md) | -2.2% | +0.6% |
| 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 | 2025-01-31 | [Critical Moment for the EU Anti-Deforestation Law \| Human Rights Watch](https://feedsoft.ai/events/26536-critical-moment-for-the-eu-anti-deforestation-law-human-rights-watch.md) | +2.1% | +6.1% |
| PALMOIL | 2022-01-28 | [France pushes for EU deforestation law as activists seek tougher measures  \| The National](https://feedsoft.ai/events/43171-france-pushes-for-eu-deforestation-law-as-activists-seek-tougher-measures-the.md) | +5.5% | +10.6% |
| PALMOIL | 2026-05-26 | [Indonesia announces state body to oversee palm oil exports; market seeks clarity on implementation - Fastmarkets](https://feedsoft.ai/events/19374-indonesia-announces-state-body-to-oversee-palm-oil-exports-market-seeks-clarity.md) | +0.4% | -1.6% |

## Sources

- euractiv.com: https://www.euractiv.com/news/indonesia-malaysia-seek-more-time-to-implement-eu-anti-deforestation-law/

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