# Govt Urged To Take Pro-Palm Oil Steps Amid Recession and Barriers - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> Indonesian palm oil associations urged the government to adopt pro-industry policies amid global economic recession and trade barriers. They cited a WTO dispute (WT/DS 593) against the EU's RED II, which is stalled because the WTO appellate body lacks arbitrators. Global vegetable oil output in the first quarter fell about 2% to around 58 million tonnes.

- Date: 2023-04-11 · published 2023-04-11T12:00:00.000Z
- Category: trade · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15739-govt-urged-to-take-pro-palm-oil-steps-amid-recession-and-barriers-gabungan
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weaker global demand and EU biofuel barriers limit export outlets for palm oil, which is bearish for prices. Lower vegetable oil output partly offsets that pressure.

## Read by commodity

- SBO: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-04-09 | [GAPKI Asks For Lower Export Tax To Trim USA Tariff Impact - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15570-gapki-asks-for-lower-export-tax-to-trim-usa-tariff-impact-gabungan-pengusaha.md) | +0.3% | -5.2% |
| PALMOIL | 2017-08-25 | [Indonesia faces more barriers in palm oil exports  - Xinhua Silk Road](https://feedsoft.ai/events/69461-indonesia-faces-more-barriers-in-palm-oil-exports-xinhua-silk-road.md) | -0.3% | +5.6% |
| PALMOIL | 2022-06-01 | [Palm oil eases as Indonesia gears up to resume exports - Markets - Business Recorder](https://feedsoft.ai/events/41053-palm-oil-eases-as-indonesia-gears-up-to-resume-exports-markets-business-recorder.md) | +0.7% | -13.0% |
| PALMOIL | 2020-04-01 | [Indonesian palm oil exports to China drop by half in January: GAPKI](https://feedsoft.ai/events/54238-indonesian-palm-oil-exports-to-china-drop-by-half-in-january-gapki.md) | -3.5% | -7.7% |
| PALMOIL | 2025-03-17 | [Indonesia's Feb palm oil exports hit 4-month high on tax cut \| Reuters](https://feedsoft.ai/events/15575-indonesia-s-feb-palm-oil-exports-hit-4-month-high-on-tax-cut-reuters.md) | -0.8% | -6.4% |
| SBO | 2021-01-05 | [Govt To Counter EU’s Palm Oil Unfairness With New Strategy - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/49166-govt-to-counter-eu-s-palm-oil-unfairness-with-new-strategy-gabungan-pengusaha.md) | -1.5% | +4.2% |
| SBO | 2023-06-11 | [Europe Still Needs RI’s Palm Oil Despite EUDR - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15725-europe-still-needs-ri-s-palm-oil-despite-eudr-gabungan-pengusaha-kelapa-sawit.md) | +8.4% | +23.4% |
| SBO | 2024-06-04 | [India Sees Surge in Palm Oil Imports Amid Price Correction \| Headlines](https://feedsoft.ai/events/8033-india-sees-surge-in-palm-oil-imports-amid-price-correction-headlines.md) | +0.5% | +4.7% |

## Sources

- gapki.id: https://gapki.id/en/news/2023/04/11/govt-urged-to-take-pro-palm-oil-steps-amid-recession-and-barriers/

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