# Indonesia, Malaysia to send palm oil envoys to EU over deforestation law

> Indonesia and Malaysia, the world's largest palm oil producers, plan to send envoys to the European Union to discuss the impact of the bloc's new deforestation law. The law requires due diligence statements showing where commodities were produced and proof they were not grown on land deforested after 2020.

- Date: 2023-02-09 · published 2023-02-09T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/37353-indonesia-malaysia-to-send-palm-oil-envoys-to-eu-over-deforestation-law
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Diplomatic pushback signals possible friction over EU palm oil access, which could tighten EU-bound supply and support palm prices. The outcome remains uncertain, so the price impact is modest for now.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-11-09 | [Indonesia, Malaysia seek more time to implement EU anti-deforestation law \| Euractiv](https://feedsoft.ai/events/33208-indonesia-malaysia-seek-more-time-to-implement-eu-anti-deforestation-law.md) | +3.4% | -1.1% |
| 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 | 2025-03-19 | [Palm prices end higher due to Indonesia's increased levy and weak Malaysian production](https://feedsoft.ai/events/15576-palm-prices-end-higher-due-to-indonesia-s-increased-levy-and-weak-malaysian.md) | -0.5% | -6.3% |
| PALMOIL | 2023-02-07 | [EU deforestation law risks sidelining small farmers, says palm oil watchdog](https://feedsoft.ai/events/37354-eu-deforestation-law-risks-sidelining-small-farmers-says-palm-oil-watchdog.md) | +0.2% | +4.2% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/indonesia-malaysia-send-palm-oil-envoys-eu-over-deforestation-law-2023-02-09/

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