# Agribusiness - CGS-CIMB Research 2020-06-08: Three Measures To Reinforce B30 Mandate | SG Investors.io

> CGS-CIMB research says Indonesia cut the biodiesel conversion cost assumption by 20% to $80 per tonne and raised palm export levies by $5 from June 1. The analysts judge these measures sufficient to fund B30 if the price gap stays near current levels.

- Date: 2020-06-08 · published 2020-06-08T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/52490-agribusiness-cgs-cimb-research-2020-06-08-three-measures-to-reinforce-b30
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Secure funding for B30 keeps domestic biodiesel demand for palm oil firm, but a higher export levy raises the cost of Indonesian palm exports, which is a mixed signal for palm prices.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-12-07 | [Agribusiness - CGS-CIMB Research 2020-12-07: Potential Impact Of Indonesia’s Export Levy Revision \| SG Investors.io](https://feedsoft.ai/events/49525-agribusiness-cgs-cimb-research-2020-12-07-potential-impact-of-indonesia-s.md) | -0.8% | +10.8% |
| PALMOIL | 2020-06-11 | [Regional Plantations - Maybank Kim Eng 2020-06-12: Indonesia Sending Positive Signal On Its B30 Commitment \| SG Investors.io](https://feedsoft.ai/events/52491-regional-plantations-maybank-kim-eng-2020-06-12-indonesia-sending-positive.md) | +0.5% | +1.8% |
| PALMOIL | 2021-03-23 | [B20 biodiesel mandate to absorb one million tonnes of CPO \| I3investor](https://feedsoft.ai/events/47985-b20-biodiesel-mandate-to-absorb-one-million-tonnes-of-cpo-i3investor.md) | -0.5% | -2.8% |
| PALMOIL | 2020-12-04 | [Regional Plantations - Maybank Kim Eng 2020-12-04: Integrated Indonesian Players Better Off Than Indonesia Upstream Under Newly Approved Export Levy Structure \| SG Investors.io](https://feedsoft.ai/events/49526-regional-plantations-maybank-kim-eng-2020-12-04-integrated-indonesian-players.md) | +1.8% | +13.4% |
| PALMOIL | 2017-12-01 | [The hidden cost of Indonesia’s biodiesel mandate to consumers](https://feedsoft.ai/events/67870-the-hidden-cost-of-indonesia-s-biodiesel-mandate-to-consumers.md) | -5.1% | -5.4% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2020/06/agribusiness-cgs-cimb-research-2020-06-08.html

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