# EU plans to impose import duties on Indonesia biodiesel | The Star

> The European Commission has proposed anti-subsidy duties of 8% to 18% on biodiesel imports from Indonesia. The Commission cites export financing, tax breaks and below-market palm oil supplied to producers. Indonesia plans to challenge the duties, and the case follows a March EU decision to phase palm oil out of renewable transport fuel.

- Date: 2019-07-25 · published 2019-07-25T12:00:00.000Z
- Category: trade · region EU · magnitude medium
- Page: https://feedsoft.ai/events/57980-eu-plans-to-impose-import-duties-on-indonesia-biodiesel-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Duties would make Indonesian biodiesel less competitive in the EU, reducing palm oil demand from that channel. This is bearish for palm oil prices, particularly for Indonesian supply.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-08-17 | [EU starts probe on Indonesian biodiesel avoiding import duties](https://feedsoft.ai/events/15710-eu-starts-probe-on-indonesian-biodiesel-avoiding-import-duties.md) | +0.1% | -1.3% |
| PALMOIL | 2019-08-07 | [EU imposes duties of up to 18 percent on Indonesian biodiese - Business - The Jakarta Post](https://feedsoft.ai/events/57463-eu-imposes-duties-of-up-to-18-percent-on-indonesian-biodiese-business-the.md) | +3.7% | +3.5% |
| PALMOIL | 2017-10-25 | [Indonesia to Challenge U.S Antidumping Duty on Biodiesel - The Insiders Stories](https://feedsoft.ai/events/68339-indonesia-to-challenge-u-s-antidumping-duty-on-biodiesel-the-insiders-stories.md) | +0.3% | +0.1% |
| PALMOIL | 2020-07-13 | [Indonesia Imposes Biodiesel Program to Fight Smear Campaign Against Palm Oil in EU](https://feedsoft.ai/events/51976-indonesia-imposes-biodiesel-program-to-fight-smear-campaign-against-palm-oil-in.md) | +5.2% | +16.7% |
| PALMOIL | 2023-08-26 | [EU to investigate alleged Indonesian biodiesel import tax evasion - Fastmarkets](https://feedsoft.ai/events/15712-eu-to-investigate-alleged-indonesian-biodiesel-import-tax-evasion-fastmarkets.md) | +4.7% | -3.2% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2019/07/26/eu-plans-to-impose-import-duties-on-indonesia-biodiesel/

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