# Cooking Oil Price Rising, Mandatory B40 Program Proceeding - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> Indonesia plans to raise its mandatory biodiesel blend from B30 to B40 in 2022, using 40% palm-derived fatty acid methyl ester. The energy ministry projects CPO use for biofuel at 10.15 million kiloliters, funded through export levies. Rising CPO prices have lifted domestic cooking oil prices, but industry officials say supply for the program is secure.

- Date: 2022-02-13 · published 2022-02-13T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/15846-cooking-oil-price-rising-mandatory-b40-program-proceeding-gabungan-pengusaha
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A B40 mandate would absorb a large share of Indonesian palm output into fuel, tightening export availability and supporting palm and soyoil prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 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 | 2023-07-19 | [CPO Reference Price Surges, Export Duty Rises To US$33/MT - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15716-cpo-reference-price-surges-export-duty-rises-to-us-33-mt-gabungan-pengusaha.md) | +1.6% | -2.8% |
| PALMOIL | 2022-08-11 | [RI, Malaysia Agree To Keep Advocating Palm Oil Sustainability - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15799-ri-malaysia-agree-to-keep-advocating-palm-oil-sustainability-gabungan-pengusaha.md) | +1.5% | -11.2% |
| SBO | 2023-07-19 | [CPO Reference Price Surges, Export Duty Rises To US$33/MT - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15716-cpo-reference-price-surges-export-duty-rises-to-us-33-mt-gabungan-pengusaha.md) | +10.3% | +0.6% |
| SBO | 2022-08-11 | [RI, Malaysia Agree To Keep Advocating Palm Oil Sustainability - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15799-ri-malaysia-agree-to-keep-advocating-palm-oil-sustainability-gabungan-pengusaha.md) | -1.9% | +0.4% |
| 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% |

## Sources

- gapki.id: https://gapki.id/en/news/2022/02/13/cooking-oil-price-rising-mandatory-b40-program-proceeding/

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