# Indonesia’s biodiesel plan, Delhi cuts VAT on diesel, Philippines’ fuel marking program - F&L Asia

> Indonesia's government says its mandatory biodiesel programme is intended to counter negative campaigns against palm oil in the EU and to stabilize crude palm oil prices. The BPDP-KS fund cited palm oil exports of $154.9 million in 2019 and about 22 million jobs in the industry.

- Date: 2020-07-31 · published 2020-07-31T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/51975-indonesia-s-biodiesel-plan-delhi-cuts-vat-on-diesel-philippines-fuel-marking
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The biodiesel mandate absorbs domestic palm oil supply, which the government argues will support CPO prices. The policy framing suggests continued support for domestic biodiesel demand.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-07-24 | [New biodiesel recipe can cut Indonesia's fuel imports](https://feedsoft.ai/events/63911-new-biodiesel-recipe-can-cut-indonesia-s-fuel-imports.md) | +0.1% | -0.2% |
| PALMOIL | 2024-03-25 | [Indonesia sets biodiesel production volumes for B50 \| Latest Market News](https://feedsoft.ai/events/15657-indonesia-sets-biodiesel-production-volumes-for-b50-latest-market-news.md) | +0.1% | -1.8% |
| PALMOIL | 2026-03-09 | [Indonesia may revive B50 biodiesel mix plan as oil prices soar \| Reuters](https://feedsoft.ai/events/20268-indonesia-may-revive-b50-biodiesel-mix-plan-as-oil-prices-soar-reuters.md) | +3.6% | +8.6% |
| PALMOIL | 2017-08-23 | [M’sia, Indonesia in talks on possible B5 biodiesel programme in China \| The Star](https://feedsoft.ai/events/69316-m-sia-indonesia-in-talks-on-possible-b5-biodiesel-programme-in-china-the-star.md) | +0.1% | +6.5% |
| PALMOIL | 2020-08-07 | [Indonesian B40 biodiesel plan back on track as palm oil prices improve - Biofuels International Magazine](https://feedsoft.ai/events/51471-indonesian-b40-biodiesel-plan-back-on-track-as-palm-oil-prices-improve-biofuels.md) | -1.6% | +5.9% |
| SBO | 2024-03-25 | [Indonesia sets biodiesel production volumes for B50 \| Latest Market News](https://feedsoft.ai/events/15657-indonesia-sets-biodiesel-production-volumes-for-b50-latest-market-news.md) | +0.6% | -4.4% |
| SBO | 2026-03-09 | [Indonesia may revive B50 biodiesel mix plan as oil prices soar \| Reuters](https://feedsoft.ai/events/20268-indonesia-may-revive-b50-biodiesel-mix-plan-as-oil-prices-soar-reuters.md) | -0.7% | -1.2% |
| SBO | 2017-08-23 | [M’sia, Indonesia in talks on possible B5 biodiesel programme in China \| The Star](https://feedsoft.ai/events/69316-m-sia-indonesia-in-talks-on-possible-b5-biodiesel-programme-in-china-the-star.md) | +0.6% | +1.8% |

## Sources

- fuelsandlubes.com: https://www.fuelsandlubes.com/news-indonesias-b40-biodiesel-plan-india-lowers-diesel-vat-philippines-fuel-marking-program/

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