# EU Protectionism To Further Cut RI’s biodiesel export - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> The EU deforestation regulation (EUDR) is expected to make it harder for Indonesian biodiesel to enter the EU and other markets. Indonesian biodiesel exports fell almost 50% to 187,810 kl in 2023, and January 2024 exports dropped about 73% month on month.

- Date: 2024-04-16 · published 2024-04-16T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/15655-eu-protectionism-to-further-cut-ri-s-biodiesel-export-gabungan-pengusaha-kelapa
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower biodiesel exports leave more FAME for domestic use, which can absorb palm oil. Weaker export demand for palm-based biodiesel is bearish for palm oil and related vegetable oils.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-06-20 | [Danang : UE Longgarkan Aturan Hapus Biodiesel Sawit, Bagi RI itu Tetap Upaya Diskriminatif! - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/64409-danang-ue-longgarkan-aturan-hapus-biodiesel-sawit-bagi-ri-itu-tetap-upaya.md) | +0.0% | -5.3% |
| PALMOIL | 2024-05-04 | [GAPKI: Govt Policies Make CPO Less Competitive - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/30353-gapki-govt-policies-make-cpo-less-competitive-gabungan-pengusaha-kelapa-sawit.md) | -0.6% | +6.9% |
| PALMOIL | 2022-06-16 | [Laman Web Rasmi KPK - SAWIT: Indonesia cuts max palm oil export levy to US$200, but to rise in August](https://feedsoft.ai/events/15814-laman-web-rasmi-kpk-sawit-indonesia-cuts-max-palm-oil-export-levy-to-us-200-but.md) | -5.9% | -34.7% |
| PALMOIL | 2020-09-08 | [Indonesia to revamp palm oil levy to support biodiesel programme](https://feedsoft.ai/events/51005-indonesia-to-revamp-palm-oil-levy-to-support-biodiesel-programme.md) | +1.1% | -4.1% |
| PALMOIL | 2025-01-08 | [Palm fell on export concerns, Indonesia’s biodiesel plans - Markets - Business Recorder](https://feedsoft.ai/events/6540-palm-fell-on-export-concerns-indonesia-s-biodiesel-plans-markets-business.md) | +1.2% | +1.1% |
| SBO | 2022-08-30 | [Palm Oil Rises After Indonesia Raises Export Tax, Biodiesel Use](https://feedsoft.ai/events/15797-palm-oil-rises-after-indonesia-raises-export-tax-biodiesel-use.md) | +0.7% | -9.6% |
| SBO | 2022-06-16 | [Laman Web Rasmi KPK - SAWIT: Indonesia cuts max palm oil export levy to US$200, but to rise in August](https://feedsoft.ai/events/15814-laman-web-rasmi-kpk-sawit-indonesia-cuts-max-palm-oil-export-levy-to-us-200-but.md) | -8.2% | -20.4% |
| SBO | 2021-08-26 | [Indonesia's B40 biodiesel plan faces new delay](https://feedsoft.ai/events/45435-indonesia-s-b40-biodiesel-plan-faces-new-delay.md) | -2.6% | -5.4% |

## Sources

- gapki.id: https://gapki.id/en/news/2024/04/16/eu-protectionism-to-further-cut-ris-biodiesel-export/

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