# Indonésia aumenta alocação de biodiesel de palma para 2024 - Aboissa Commodity Brokers

> Indonesia set its 2024 palm-based biodiesel allocation at 13.4 billion liters, up from 13.1 billion liters in 2023, and kept the B35 blend mandate. Gapki expects palm oil use for biodiesel to exceed food use in 2023 for the first time. Exports are forecast to fall to 29 million tonnes in 2024.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15682-indonesia-aumenta-alocacao-de-biodiesel-de-palma-para-2024-aboissa-commodity
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A higher biodiesel allocation and a larger domestic share of palm use reduce exportable supply, which supports international palm and vegetable oil prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-01-10 | [Indonesia's PalmCo delays IPO, plans biodiesel plant investment](https://feedsoft.ai/events/15674-indonesia-s-palmco-delays-ipo-plans-biodiesel-plant-investment.md) | +1.0% | +0.6% |
| PALMOIL | 2016-11-25 | [Palm oil demand from Indonesia biodiesel sector to surge by 2020](https://feedsoft.ai/events/73756-palm-oil-demand-from-indonesia-biodiesel-sector-to-surge-by-2020.md) | +3.8% | +5.0% |
| PALMOIL | 2024-08-26 | [Indonesia's Prabowo hopes to implement 50% palm-based biodiesel blending by 2025 \| Reuters](https://feedsoft.ai/events/15624-indonesia-s-prabowo-hopes-to-implement-50-palm-based-biodiesel-blending-by-2025.md) | +0.7% | +6.8% |
| PALMOIL | 2022-03-24 | [Indonesia, Malaysia commit to biodiesel mandates despite higher prices \| Reuters](https://feedsoft.ai/events/15832-indonesia-malaysia-commit-to-biodiesel-mandates-despite-higher-prices-reuters.md) | -0.9% | -4.0% |
| PALMOIL | 2019-12-20 | [Indonesia launches B30 biodiesel to cut costs, boost palm oil](https://feedsoft.ai/events/8616-indonesia-launches-b30-biodiesel-to-cut-costs-boost-palm-oil.md) | +1.5% | +6.0% |

## Sources

- aboissa.com.br: https://www.aboissa.com.br/en/indonesia-aumenta-alocacao-de-biodiesel-de-palma-para-2024/

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