# EU starts probe on Indonesian biodiesel avoiding import duties

> The European Union launched a probe into Indonesian palm-oil-based biodiesel that may be avoiding EU import duties. The investigation follows concerns that the product is being shipped to Europe through other origins.

- Date: 2023-08-17 · published 2023-08-17T12:00:00.000Z
- Category: trade · region EU · magnitude medium
- Page: https://feedsoft.ai/events/15710-eu-starts-probe-on-indonesian-biodiesel-avoiding-import-duties
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

If the probe tightens duties on Indonesian biodiesel, demand for Indonesian palm oil in the EU biodiesel channel could fall, pressuring palm oil prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-07-25 | [EU plans to impose import duties on Indonesia biodiesel \| The Star](https://feedsoft.ai/events/57980-eu-plans-to-impose-import-duties-on-indonesia-biodiesel-the-star.md) | +0.2% | +8.1% |
| PALMOIL | 2019-08-07 | [EU imposes duties of up to 18 percent on Indonesian biodiese - Business - The Jakarta Post](https://feedsoft.ai/events/57463-eu-imposes-duties-of-up-to-18-percent-on-indonesian-biodiese-business-the.md) | +3.7% | +3.5% |
| PALMOIL | 2023-08-26 | [EU to investigate alleged Indonesian biodiesel import tax evasion - Fastmarkets](https://feedsoft.ai/events/15712-eu-to-investigate-alleged-indonesian-biodiesel-import-tax-evasion-fastmarkets.md) | +4.7% | -3.2% |
| PALMOIL | 2017-05-24 | [NBB testifies on damage done by Indonesian biodiesel imports - Biofuels International Magazine](https://feedsoft.ai/events/70906-nbb-testifies-on-damage-done-by-indonesian-biodiesel-imports-biofuels.md) | -0.7% | -4.8% |
| PALMOIL | 2017-10-25 | [Indonesia to Challenge U.S Antidumping Duty on Biodiesel - The Insiders Stories](https://feedsoft.ai/events/68339-indonesia-to-challenge-u-s-antidumping-duty-on-biodiesel-the-insiders-stories.md) | +0.3% | +0.1% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/eu-probe-if-indonesia-circumventing-biodiesel-import-duties-2023-08-17/

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