# OPINION: RI’s Biodiesel: Look Inward To Move Forward - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> GAPKI published an opinion piece defending Indonesia's biodiesel subsidies against claims by NGOs Auriga Nusantara and Satya Bumi, and the EU, that subsidies favored conglomerates. It argues subsidies are normal for infant biodiesel industries, as in the EU and US.

- Date: 2024-05-09 · published 2024-05-09T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15646-opinion-ri-s-biodiesel-look-inward-to-move-forward-gabungan-pengusaha-kelapa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The piece reflects ongoing policy debate over whether biodiesel subsidies will continue, which affects the long-run domestic demand outlook for palm oil; it contains no new policy change.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-04-27 | [OPINION: RI’s Biodiesel: Look Inward To Move Forward - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15649-opinion-ri-s-biodiesel-look-inward-to-move-forward-gabungan-pengusaha-kelapa.md) | -6.1% | -5.0% |
| PALMOIL | 2021-11-30 | [Palm Oil Industry Down-streaming Well, But Facing Some Challenges - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15868-palm-oil-industry-down-streaming-well-but-facing-some-challenges-gabungan.md) | -6.8% | -6.1% |
| PALMOIL | 2018-09-15 | [Biodiesel won't pose risk to vehicle engines, says Indonesian producer \| Malaysiakini](https://feedsoft.ai/events/62902-biodiesel-won-t-pose-risk-to-vehicle-engines-says-indonesian-producer.md) | -1.6% | -2.4% |
| PALMOIL | 2020-12-02 | [Indonesia looks at policy revamp to keep biodiesel programme alive - The Business Times](https://feedsoft.ai/events/49527-indonesia-looks-at-policy-revamp-to-keep-biodiesel-programme-alive-the-business.md) | +0.2% | +4.2% |
| PALMOIL | 2019-05-02 | [Indonesia 2019 biodiesel exports to rise  \| The Star](https://feedsoft.ai/events/58956-indonesia-2019-biodiesel-exports-to-rise-the-star.md) | -3.3% | -3.6% |

## Sources

- gapki.id: https://gapki.id/en/news/2024/05/09/opinion-ris-biodiesel-look-inward-to-move-forward/

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