# What COVID-19 teaches us about our biodiesel agenda - Opinion - The Jakarta Post

> An Opinion piece in The Jakarta Post questions whether Indonesia should continue its biodiesel plan, including the B30 rollout this year and planned B40 in mid-2021, as COVID-19 pushes the economy toward recession. The authors note that Indonesian biodiesel depends heavily on government incentives because it is uncompetitive with fossil diesel.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/52991-what-covid-19-teaches-us-about-our-biodiesel-agenda-opinion-the-jakarta-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Doubts about the pace of biodiesel expansion raise the risk of slower palm oil demand growth from the biofuel sector, which is bearish for palm oil over the longer term.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-03-22 | [EU bases planned palm oil restriction on 2015 data - National - The Jakarta Post](https://feedsoft.ai/events/60111-eu-bases-planned-palm-oil-restriction-on-2015-data-national-the-jakarta-post.md) | -0.6% | +0.7% |
| PALMOIL | 2022-12-06 | [Soybean oil prices fall amid shrinking prospects for US biodiesel consumption](https://feedsoft.ai/events/38342-soybean-oil-prices-fall-amid-shrinking-prospects-for-us-biodiesel-consumption.md) | -4.6% | +3.7% |
| PALMOIL | 2021-07-02 | [Lower palm oil tariffs come into effect too boost sales - Sat, July 3, 2021 - The Jakarta Post](https://feedsoft.ai/events/46163-lower-palm-oil-tariffs-come-into-effect-too-boost-sales-sat-july-3-2021-the.md) | +3.7% | +9.7% |
| PALMOIL | 2023-11-27 | [Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry](https://feedsoft.ai/events/33251-soybean-oil-prices-fall-4-amid-possible-reduction-in-demand-from-the-biodiesel.md) | +1.0% | -2.4% |
| PALMOIL | 2022-05-13 | [Southeast region cuts palm oil export tax. How will it impact the biodiesel market?](https://feedsoft.ai/events/15824-southeast-region-cuts-palm-oil-export-tax-how-will-it-impact-the-biodiesel.md) | -0.7% | -4.6% |

## Sources

- thejakartapost.com: https://www.thejakartapost.com/academia/2020/05/14/what-covid-19-teaches-us-about-our-biodiesel-agenda

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