# Regional Plantations - Maybank Kim Eng 2020-06-12: Indonesia Sending Positive Signal On Its B30 Commitment | SG Investors.io

> Maybank Kim Eng says Indonesia remains committed to its B30 biodiesel programme despite a wider palm oil-gas oil spread. The analysts keep their CPO price forecast at MYR2,300 per tonne for 2020 and expect the recent levy and conversion changes to be roughly net-neutral for earnings.

- Date: 2020-06-11 · published 2020-06-11T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/52491-regional-plantations-maybank-kim-eng-2020-06-12-indonesia-sending-positive
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Confirmed continuation of the B30 mandate supports sustained domestic palm oil demand, though the analysts see little change to the price outlook.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-11-21 | [Regional Plantations - Maybank Kim Eng 2020-11-21: Indonesia’s Export Levy Conundrum Seen Hurting Upstream More \| SG Investors.io](https://feedsoft.ai/events/50047-regional-plantations-maybank-kim-eng-2020-11-21-indonesia-s-export-levy.md) | +0.1% | +5.7% |
| 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 | 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 | 2020-06-08 | [Agribusiness - CGS-CIMB Research 2020-06-08: Three Measures To Reinforce B30 Mandate \| SG Investors.io](https://feedsoft.ai/events/52490-agribusiness-cgs-cimb-research-2020-06-08-three-measures-to-reinforce-b30.md) | +0.1% | +1.3% |
| PALMOIL | 2022-03-18 | [RHB Research: ‘NEUTRAL’ Call Maintained on Regional Plantation Sector](https://feedsoft.ai/events/15838-rhb-research-neutral-call-maintained-on-regional-plantation-sector.md) | -0.4% | -4.4% |

## Sources

- research.sginvestors.io: https://research.sginvestors.io/2020/06/regional-plantations-maybank-kim-eng-research-2020-06-12.html

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