# GAPKI: Govt Policies Make CPO Less Competitive - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)

> GAPKI, the Indonesian Palm Oil Association, said rising output of rival vegetable oils has pushed the average CPO price above other vegetable oils since October 2023. It also said Indonesian policies such as the domestic market obligation and the earlier export ban have made its palm oil less competitive against Malaysia.

- Date: 2024-05-04 · published 2024-05-04T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/30353-gapki-govt-policies-make-cpo-less-competitive-gabungan-pengusaha-kelapa-sawit
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Cheaper sunflower, rapeseed and soybean oils, plus China and India seeking alternatives, could reduce Indonesian palm export demand and pressure palm prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-04-16 | [EU Protectionism To Further Cut RI’s biodiesel export - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15655-eu-protectionism-to-further-cut-ri-s-biodiesel-export-gabungan-pengusaha-kelapa.md) | -2.4% | -8.1% |
| PALMOIL | 2018-06-20 | [Danang : UE Longgarkan Aturan Hapus Biodiesel Sawit, Bagi RI itu Tetap Upaya Diskriminatif! - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/64409-danang-ue-longgarkan-aturan-hapus-biodiesel-sawit-bagi-ri-itu-tetap-upaya.md) | +0.0% | -5.3% |
| PALMOIL | 2026-01-22 | [Palm Oil News - Indonesia Delays B50 Plan, Malaysia Seen More Competitive in CPO Exports](https://feedsoft.ai/events/15502-palm-oil-news-indonesia-delays-b50-plan-malaysia-seen-more-competitive-in-cpo.md) | +1.5% | +4.4% |
| PALMOIL | 2024-09-19 | [Indonesia issues new palm oil levies rule to boost competitiveness \| Reuters](https://feedsoft.ai/events/15615-indonesia-issues-new-palm-oil-levies-rule-to-boost-competitiveness-reuters.md) | +2.4% | +11.3% |
| PALMOIL | 2017-05-09 | [KETIKA EROPA MENGONTROL SAWIT — Sawit Indonesia](https://feedsoft.ai/events/71043-ketika-eropa-mengontrol-sawit-sawit-indonesia.md) | +2.3% | -1.8% |

## Sources

- gapki.id: https://gapki.id/en/news/2024/05/04/gapki-govt-policies-make-cpo-less-competitive/

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