# BPDPKS Reaffirms Commitmment to Keep Biodiesel at Affordable Price

> The Indonesian palm oil fund agency BPDPKS said it will keep paying the price gap between biodiesel and diesel so biodiesel stays affordable. It said the fund is financed by palm oil export levies and also supports replanting, research and promotion. The statement was made in a July 30 television interview.

- Date: 2020-08-01 · published 2020-08-01T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/51469-bpdpks-reaffirms-commitmment-to-keep-biodiesel-at-affordable-price
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Continued subsidy payments keep domestic biodiesel demand for palm oil supported, which underpins palm prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2022-03-24 | [Indonesia, Malaysia commit to biodiesel mandates despite higher prices \| Reuters](https://feedsoft.ai/events/15832-indonesia-malaysia-commit-to-biodiesel-mandates-despite-higher-prices-reuters.md) | -0.9% | -4.0% |
| PALMOIL | 2023-05-17 | [Malaysia Says Committed to Raising Palm Oil Biodiesel Mandate](https://feedsoft.ai/events/15734-malaysia-says-committed-to-raising-palm-oil-biodiesel-mandate.md) | -1.4% | -6.4% |
| PALMOIL | 2017-01-13 | [Palm Oil News - Biodiesel Policy: One Factor to Increase CPO Price](https://feedsoft.ai/events/72873-palm-oil-news-biodiesel-policy-one-factor-to-increase-cpo-price.md) | +0.1% | -0.8% |
| PALMOIL | 2018-08-08 | [No decision yet to increase biodiesel content](https://feedsoft.ai/events/63405-no-decision-yet-to-increase-biodiesel-content.md) | -0.6% | +1.2% |
| PALMOIL | 2026-04-14 | [Malaysia to tap idle biodiesel capacity to cushion fuel price shocks \| S&P Global](https://feedsoft.ai/events/15477-malaysia-to-tap-idle-biodiesel-capacity-to-cushion-fuel-price-shocks-s-and-p.md) | -0.7% | -0.2% |

## Sources

- bpdp.or.id: https://www.bpdp.or.id/en/bpdpks-reaffirms-commitmment-to-keep-biodiesel-at-affordable-price

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