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

> Opinion piece from GAPKI rebutting NGOs Auriga Nusantara and Satya Bumi, and the EU, which claimed Indonesian biodiesel was subsidized mainly for well-connected conglomerates. The author argues early subsidies were a normal, temporary step to build an infant industry, as in the EU and US.

- Date: 2024-04-27 · published 2024-04-27T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15649-opinion-ri-s-biodiesel-look-inward-to-move-forward-gabungan-pengusaha-kelapa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The debate over biodiesel subsidies bears on domestic FAME demand under the mandate, which absorbs palm oil and shapes its price outlook. Pressure to scale back support could weaken domestic palm oil demand.

## Read by commodity

- SBO: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-05-09 | [OPINION: RI’s Biodiesel: Look Inward To Move Forward - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15646-opinion-ri-s-biodiesel-look-inward-to-move-forward-gabungan-pengusaha-kelapa.md) | +0.2% | +3.5% |
| 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% |
| SBO | 2025-08-20 | [Malaysia and Indonesia move to be labeled “low-risk” for palm oil.](https://feedsoft.ai/events/23345-malaysia-and-indonesia-move-to-be-labeled-low-risk-for-palm-oil.md) | +4.4% | +1.7% |
| SBO | 2022-05-19 | [Slick operator: Indonesian cooking oil probe may spread to biodiesel industry](https://feedsoft.ai/events/15821-slick-operator-indonesian-cooking-oil-probe-may-spread-to-biodiesel-industry.md) | -1.7% | -7.4% |
| SBO | 2021-06-29 | [Indonesia Revises Palm Oil Export Levy While Safeguarding Biodiesel Funding - Media Biodiesel](https://feedsoft.ai/events/46455-indonesia-revises-palm-oil-export-levy-while-safeguarding-biodiesel-funding.md) | +1.1% | +3.5% |

## Sources

- gapki.id: https://gapki.id/en/news/2024/04/27/ris-biodiesel-look-inward-to-move-forward/

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