# Indonesia revises palm crop fund rules to back biodiesel drive

> Indonesia published a revised Estate Crop Fund regulation, signed August 15, that widens the fund's ability to subsidize the price gap between biodiesel and petroleum diesel. The change follows a plan requiring 20% bio-content in all diesel from September.

- Date: 2018-08-21 · published 2018-08-21T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/63401-indonesia-revises-palm-crop-fund-rules-to-back-biodiesel-drive
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Broader subsidies make biodiesel production more viable, increasing palm oil demand for domestic fuel and supporting palm and vegetable oil prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-11-07 | [Indonesia's palm oil fund urges govt to rethink biodiesel funding plan \| Reuters](https://feedsoft.ai/events/15603-indonesia-s-palm-oil-fund-urges-govt-to-rethink-biodiesel-funding-plan-reuters.md) | +0.4% | +1.8% |
| PALMOIL | 2021-06-29 | [Indonesia Revises Palm Oil Export Levy While Safeguarding Biodiesel Funding - Media Biodiesel](https://feedsoft.ai/events/46455-indonesia-revises-palm-oil-export-levy-while-safeguarding-biodiesel-funding.md) | +4.0% | +10.1% |
| PALMOIL | 2019-12-20 | [Indonesia launches B30 biodiesel to cut costs, boost palm oil](https://feedsoft.ai/events/8616-indonesia-launches-b30-biodiesel-to-cut-costs-boost-palm-oil.md) | +1.5% | +6.0% |
| PALMOIL | 2022-08-30 | [Palm Oil Rises After Indonesia Raises Export Tax, Biodiesel Use](https://feedsoft.ai/events/15797-palm-oil-rises-after-indonesia-raises-export-tax-biodiesel-use.md) | -7.5% | -11.0% |
| PALMOIL | 2016-11-25 | [Palm oil demand from Indonesia biodiesel sector to surge by 2020](https://feedsoft.ai/events/73756-palm-oil-demand-from-indonesia-biodiesel-sector-to-surge-by-2020.md) | +3.8% | +5.0% |
| SBO | 2024-11-07 | [Indonesia's palm oil fund urges govt to rethink biodiesel funding plan \| Reuters](https://feedsoft.ai/events/15603-indonesia-s-palm-oil-fund-urges-govt-to-rethink-biodiesel-funding-plan-reuters.md) | +0.7% | -8.8% |
| SBO | 2016-11-25 | [Palm oil demand from Indonesia biodiesel sector to surge by 2020](https://feedsoft.ai/events/73756-palm-oil-demand-from-indonesia-biodiesel-sector-to-surge-by-2020.md) | +2.1% | -5.6% |
| SBO | 2018-08-06 | [Global palm oil prices set to rise on Indonesia's biodiesel mandate](https://feedsoft.ai/events/63406-global-palm-oil-prices-set-to-rise-on-indonesia-s-biodiesel-mandate.md) | -1.3% | +0.1% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2018/08/indonesia-revises-palm-crop-fund-rules-to-back-biodiesel-drive/

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