# Palm Oil News - Consistent Biodiesel Absroption

> The Indonesian Palm Oil Association reported domestic biodiesel absorption of 216 thousand tons in October, down about 4 percent from September. The average global CPO price was about US$719 per ton in October, slightly below September's level.

- Date: 2017-12-17 · published 2017-12-17T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/67570-palm-oil-news-consistent-biodiesel-absroption
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Steady domestic biodiesel blending supports baseline palm oil demand in Indonesia, but the small monthly decline and softer prices point to limited upward price pressure.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-06-01 | [Palm Oil Production, Exports and Consumption Up](https://feedsoft.ai/events/30355-palm-oil-production-exports-and-consumption-up.md) | +2.4% | +2.1% |
| PALMOIL | 2026-07-22 | [Malaysia's Palm Oil Forecast Holds Steady as Indonesia Biodiesel Push Lifts Market](https://feedsoft.ai/events/15457-malaysia-s-palm-oil-forecast-holds-steady-as-indonesia-biodiesel-push-lifts.md) | +0.4% | +4.4% |
| PALMOIL | 2025-12-24 | [Palm Oil Magazine - Palm Oil Production and Exports Strengthen in October 2025, Biodiesel Fuels Domestic Demand - Palm Oil Magazine](https://feedsoft.ai/events/15511-palm-oil-magazine-palm-oil-production-and-exports-strengthen-in-october-2025.md) | +0.2% | +2.4% |
| PALMOIL | 2018-04-28 | [Palm Oil: New Frontiers for a Long-Time Driver of Deforestation — EIA](https://feedsoft.ai/events/65526-palm-oil-new-frontiers-for-a-long-time-driver-of-deforestation-eia.md) | -4.5% | -1.8% |
| PALMOIL | 2023-10-15 | [Palm Oil News, Palm Oil Price, Palm Oil Updates, Palm Oil Trends, InfoSAWIT English](https://feedsoft.ai/events/33746-palm-oil-news-palm-oil-price-palm-oil-updates-palm-oil-trends-infosawit-english.md) | -0.2% | +2.8% |

## Sources

- en.infosawit.com: https://www.en.infosawit.com/news/6453/consistent-biodiesel-absroption

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