# Biodiesel Perlu Ditingkatkan

> GAPKI's secretary general expects Indonesian palm oil export volumes to rise about 10% in 2018, with export value roughly flat versus 2017. He says domestic biodiesel consumption must grow, otherwise it would stay at 2.5 million tonnes. CPO is currently priced at US$600-650 per tonne.

- Date: 2018-02-25 · published 2018-02-25T12:00:00.000Z
- Category: market · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/66374-biodiesel-perlu-ditingkatkan
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Stronger exports and higher domestic biodiesel use could lift CPO by about US$50 per tonne by mid-year, but absent that growth, palm oil stocks may build.

## Read by commodity

- PALMOIL: neutral

## Sources

- investor.id: https://investor.id/agribusiness/172436/biodiesel-perlu-ditingkatkan

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