# Indonesia to discuss how to continue biodiesel program amid falling fuel prices, ETEnergyworld

> Indonesia's economic affairs ministry is set to discuss how to continue the B30 palm biodiesel mandate as falling crude prices make palm feedstock less attractive. Malaysia delayed its B20 rollout due to COVID-19 movement curbs. State energy company Pertamina asked parliament to cap prices for some crude palm oil products.

- Date: 2020-05-06 · published 2020-05-06T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/52994-indonesia-to-discuss-how-to-continue-biodiesel-program-amid-falling-fuel-prices
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Uncertainty over the continuation of Indonesia's B30 mandate and a possible price cap weigh on palm oil demand, which is bearish for palm oil prices.

## Read by commodity

- WTI: neutral
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-09-08 | [Indonesia to revamp palm oil levy to support biodiesel programme](https://feedsoft.ai/events/51005-indonesia-to-revamp-palm-oil-levy-to-support-biodiesel-programme.md) | +1.1% | -4.1% |
| 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 | 2021-08-26 | [Indonesia's B40 biodiesel plan faces new delay](https://feedsoft.ai/events/45435-indonesia-s-b40-biodiesel-plan-faces-new-delay.md) | -2.5% | +2.0% |
| 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 | 2021-03-23 | [Malaysia's biodiesel exports in 2021 seen falling to four-year low](https://feedsoft.ai/events/47982-malaysia-s-biodiesel-exports-in-2021-seen-falling-to-four-year-low.md) | -0.5% | -2.8% |
| WTI | 2023-06-30 | [Palm oil quotes support Indonesia's plans to increase its biodiesel content to 40%](https://feedsoft.ai/events/15729-palm-oil-quotes-support-indonesia-s-plans-to-increase-its-biodiesel-content-to.md) | +5.8% | +15.3% |
| WTI | 2023-04-06 | [Indonesia must jump ethanol feedstock hurdle to repeat biodiesel success](https://feedsoft.ai/events/15738-indonesia-must-jump-ethanol-feedstock-hurdle-to-repeat-biodiesel-success.md) | +1.9% | -15.0% |
| WTI | 2020-05-14 | [Indonesia seeks options to finance its biodiesel subsidy scheme \| Enerdata](https://feedsoft.ai/events/52992-indonesia-seeks-options-to-finance-its-biodiesel-subsidy-scheme-enerdata.md) | +32.3% | +43.6% |

## Sources

- energy.economictimes.indiatimes.com: https://energy.economictimes.indiatimes.com/news/oil-and-gas/indonesia-to-discuss-how-to-continue-biodiesel-program-amid-falling-fuel-prices/75572987

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