# Positive on EU’s removal of duties on biosdiesel import from Indonesia | Borneo Post Online

> The EU has removed anti-dumping duties on biodiesel imports for 13 Argentine and Indonesian producers after European Court of Justice proceedings ended. The duties were set in 2013 and were ruled against by both the ECJ and the WTO. Affected companies include Bunge, Cargill, Louis Dreyfus and Ciliandra Perkasa.

- Date: 2018-03-22 · published 2018-03-22T12:00:00.000Z
- Category: policy · region EU · magnitude medium
- Page: https://feedsoft.ai/events/66113-positive-on-eu-s-removal-of-duties-on-biosdiesel-import-from-indonesia-borneo
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower duties increase EU access for Indonesian and Argentine biodiesel, supporting palm and soy oil demand in biodiesel, which analysts view as positive for CPO prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-05-03 | [Greater push for biodiesel in Indonesia, Malaysia \| Borneo Post Online](https://feedsoft.ai/events/70909-greater-push-for-biodiesel-in-indonesia-malaysia-borneo-post-online.md) | +2.2% | +2.1% |
| PALMOIL | 2018-01-08 | [CPO export duty removal lauded, but trade war brewing \| Borneo Post Online](https://feedsoft.ai/events/67076-cpo-export-duty-removal-lauded-but-trade-war-brewing-borneo-post-online.md) | -1.0% | -1.4% |
| PALMOIL | 2018-08-07 | [Indonesia bets big on biodiesel to limit costs of oil imports](https://feedsoft.ai/events/63404-indonesia-bets-big-on-biodiesel-to-limit-costs-of-oil-imports.md) | +0.0% | +2.6% |
| PALMOIL | 2019-11-21 | [MPI and MoF in talks for biodiesel stabilisation fund \| Borneo Post Online](https://feedsoft.ai/events/55944-mpi-and-mof-in-talks-for-biodiesel-stabilisation-fund-borneo-post-online.md) | 0.0% | +9.3% |
| PALMOIL | 2018-07-24 | [New biodiesel recipe can cut Indonesia's fuel imports](https://feedsoft.ai/events/63911-new-biodiesel-recipe-can-cut-indonesia-s-fuel-imports.md) | +0.1% | -0.2% |
| SBO | 2018-08-07 | [Indonesia bets big on biodiesel to limit costs of oil imports](https://feedsoft.ai/events/63404-indonesia-bets-big-on-biodiesel-to-limit-costs-of-oil-imports.md) | -0.2% | +0.4% |
| SBO | 2020-08-28 | [Indonesia plans to impose 40% biodiesel content rule from July 2021 onwards \| Enerdata](https://feedsoft.ai/events/51468-indonesia-plans-to-impose-40-biodiesel-content-rule-from-july-2021-onwards.md) | +0.5% | -1.4% |
| SBO | 2024-12-20 | [Government raises CPO export levy to 10 percent for biodiesel subsidies \| Indonesia Business Post](https://feedsoft.ai/events/15597-government-raises-cpo-export-levy-to-10-percent-for-biodiesel-subsidies.md) | -0.5% | +9.9% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2018/03/23/positive-on-eus-removal-of-duties-on-biosdiesel-import-from-indonesia/

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