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Indonesia's energy minister Bahlil Lahadalia said on June 18 that the country is on track to launch its B50 biodiesel mandate on July 1, requiring 50% palm-based biodiesel blended with 50% conventional diesel. He said B50 tests had shown encouraging results.
The ministry estimates the mandate could save 157 trillion rupiah in fuel import costs this year.
Diverting roughly 3 million tonnes more palm oil annually into biodiesel cuts exportable supply and supports palm oil prices. Lower diesel imports also reduce pressure on the fuel market.
reuters.comBernadette ChristinaJun 18, 2026After 548 past bullish policy events, PALMOIL moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
