# RI, Malaysia Agree To Keep Advocating Palm Oil Sustainability - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> Indonesia and Malaysia reaffirmed joint commitment to palm oil sustainability at the 10th CPOPC ministerial meeting in Nusa Dua, Bali. They agreed to consider raising the mandatory biodiesel blend to B35 in Indonesia and B20 in Malaysia.

- Date: 2022-08-11 · published 2022-08-11T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/15799-ri-malaysia-agree-to-keep-advocating-palm-oil-sustainability-gabungan-pengusaha
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Possible B35 and B20 mandates would significantly boost domestic palm oil use for biodiesel, a bullish factor for palm oil prices, though no decision has been finalized.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2021-10-29 | [RI-Malaysia Strengthens Bilateral Ties On Palm Oil - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/44420-ri-malaysia-strengthens-bilateral-ties-on-palm-oil-gabungan-pengusaha-kelapa.md) | +1.9% | -0.1% |
| PALMOIL | 2021-06-24 | [Palm Oil Export Durty Reviewed - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/46457-palm-oil-export-durty-reviewed-gabungan-pengusaha-kelapa-sawit-indonesia-gapki.md) | +0.5% | +8.4% |
| PALMOIL | 2024-08-20 | [RI To Intensify Downstreaming Of Palm Oil Industries Next Year - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15623-ri-to-intensify-downstreaming-of-palm-oil-industries-next-year-gabungan.md) | +1.8% | +4.8% |
| PALMOIL | 2023-12-20 | [GAPKI: Biodiesel Incentive Stabilizes Palm Oil Prices - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15684-gapki-biodiesel-incentive-stabilizes-palm-oil-prices-gabungan-pengusaha-kelapa.md) | +0.4% | +2.1% |
| PALMOIL | 2020-11-05 | [Palm Oil Industry Helps Realize Energy Mix Target - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/50046-palm-oil-industry-helps-realize-energy-mix-target-gabungan-pengusaha-kelapa.md) | +7.5% | +10.7% |
| SBO | 2025-04-25 | [Analysts: RI Should Allow Palm Expansion To Meet Rising Needs - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/25225-analysts-ri-should-allow-palm-expansion-to-meet-rising-needs-gabungan-pengusaha.md) | +0.5% | -0.9% |
| SBO | 2024-02-23 | [B100 Implementation Will Reduce Palm Oil Export - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15666-b100-implementation-will-reduce-palm-oil-export-gabungan-pengusaha-kelapa-sawit.md) | -1.0% | +6.5% |
| SBO | 2022-02-13 | [Cooking Oil Price Rising, Mandatory B40 Program Proceeding - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15846-cooking-oil-price-rising-mandatory-b40-program-proceeding-gabungan-pengusaha.md) | -0.4% | +12.9% |

## Sources

- gapki.id: https://gapki.id/en/news/2022/08/11/ri-malaysia-agree-to-keep-advocating-palm-oil-sustainability/

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