# Indonesian palm oil exports, production to fall in 2023 - GAPKI

> Indonesia launched its biodiesel programme in January with a mandatory 35% palm oil content, up from 30%. The change raises domestic crude palm oil use by about 2 million tonnes to 2.5 million tonnes. GAPKI expects Indonesian palm oil exports and production to fall in 2023.

- Date: 2023-03-08 · published 2023-03-08T12:00:00.000Z
- Category: policy · region Indonesia · magnitude high
- Page: https://feedsoft.ai/events/15745-indonesian-palm-oil-exports-production-to-fall-in-2023-gapki
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Diverting more palm oil into domestic biodiesel reduces exportable supply, supporting world palm oil and vegetable oil prices.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- DDGS: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-01-10 | [Boost to palm oil prices as Indonesian export levies eased \| Analysis & Features \| The Grocer](https://feedsoft.ai/events/60983-boost-to-palm-oil-prices-as-indonesian-export-levies-eased-analysis-and.md) | -1.4% | +0.2% |
| CORN | 2019-03-28 | [New record for U.S. ethanol production and exports in 2018 and an update on Iowa’s ethanol industry](https://feedsoft.ai/events/60116-new-record-for-u-s-ethanol-production-and-exports-in-2018-and-an-update-on-iowa.md) | -2.6% | -4.6% |
| CORN | 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) | +0.8% | +1.4% |
| CORN | 2024-01-03 | [Argentina farm exports halved in 2023](https://feedsoft.ai/events/13943-argentina-farm-exports-halved-in-2023.md) | -1.0% | -2.0% |
| CORN | 2018-04-13 | [China seeks to increase soy production](https://feedsoft.ai/events/65493-china-seeks-to-increase-soy-production.md) | -0.4% | +3.0% |
| PALMOIL | 2025-05-14 | [Indonesian palm oil exports set to fall with biofuel mandate - Nikkei Asia](https://feedsoft.ai/events/24754-indonesian-palm-oil-exports-set-to-fall-with-biofuel-mandate-nikkei-asia.md) | +0.7% | +1.5% |
| PALMOIL | 2023-01-01 | [Indonesia to tighten palm oil exports from January 1](https://feedsoft.ai/events/38337-indonesia-to-tighten-palm-oil-exports-from-january-1.md) | +4.8% | +1.2% |
| PALMOIL | 2023-04-28 | [Indonesia to gradually ease palm oil exports over nine months](https://feedsoft.ai/events/36509-indonesia-to-gradually-ease-palm-oil-exports-over-nine-months.md) | -9.7% | -7.7% |

## Sources

- grains.org: https://grains.org/lta-mexico-ethanol-delegation-visits-north-dakota-sees-ethanol-value-chain/
- reuters.com: https://www.reuters.com/article/markets/commodities/indonesian-palm-oil-exports-production-to-fall-in-2023-gapki-idUSL1N35G0KB/

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