# Palm oil watchdog to create separate standards for smallholders - Indonesia director | The Star

> The Roundtable on Sustainable Palm Oil plans a separate certification standard for smallholders to help them adopt sustainable practices. Smallholders hold roughly 40% of Indonesia's 14 million hectares of palm plantations. Bursa Malaysia's October palm contract rose 1.25% to 2,028 ringgit per tonne in a third straight gain.

- Date: 2019-05-24 · published 2019-05-24T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/59195-palm-oil-watchdog-to-create-separate-standards-for-smallholders-indonesia
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Easier certification for smallholders could eventually expand compliant supply and help address buyer restrictions, though the effect on near-term prices is limited.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-02-03 | [Indonesian palm oil smallholders and the EUDR: Impacts and ways forward - Fern](https://feedsoft.ai/events/26073-indonesian-palm-oil-smallholders-and-the-eudr-impacts-and-ways-forward-fern.md) | +3.6% | +3.5% |
| PALMOIL | 2018-04-24 | [Indonesian oil palm smallholders sue state over subsidy to biofuel producers](https://feedsoft.ai/events/65411-indonesian-oil-palm-smallholders-sue-state-over-subsidy-to-biofuel-producers.md) | -0.3% | -2.3% |
| PALMOIL | 2017-12-29 | [Can private standards restore credibility to the palm oil industry?](https://feedsoft.ai/events/67489-can-private-standards-restore-credibility-to-the-palm-oil-industry.md) | +5.5% | +4.4% |
| PALMOIL | 2024-07-10 | [Indonesia Plans to Develop Cocoa, Coconut Sectors Using Palm Oil Fund](https://feedsoft.ai/events/15633-indonesia-plans-to-develop-cocoa-coconut-sectors-using-palm-oil-fund.md) | -0.0% | -1.6% |
| PALMOIL | 2024-10-11 | [Indonesia, Malaysia, EU work on guide for smallholders on EU deforestation rules](https://feedsoft.ai/events/27898-indonesia-malaysia-eu-work-on-guide-for-smallholders-on-eu-deforestation-rules.md) | +1.1% | +13.0% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2019/05/24/palm-oil-watchdog-to-create-separate-standards-for-smallholders/

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