# Federal Register
       :: 
      Biodiesel From the Republic of Indonesia: Final Affirmative Countervailing Duty Determination

> The US Commerce Department issued a final affirmative countervailing duty determination finding that Indonesia subsidizes producers and exporters of biodiesel. The review covers the 2016 period of investigation. The ruling confirms duties on Indonesian biodiesel entering the US market.

- Date: 2017-11-16 · published 2017-11-16T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/67864-federal-register-biodiesel-from-the-republic-of-indonesia-final-affirmative
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher duties on Indonesian palm-based biodiesel reduce Indonesia's export outlet to the US, which weighs on palm oil demand and prices.

## Read by commodity

- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-08-28 | [Federal Register
       :: 
      Biodiesel From the Republic of Indonesia: Preliminary Affirmative Countervailing Duty Determination](https://feedsoft.ai/events/69314-federal-register-biodiesel-from-the-republic-of-indonesia-preliminary.md) | +1.6% | +5.4% |
| PALMOIL | 2017-10-31 | [Federal Register
       :: 
      Biodiesel From Indonesia: Preliminary Affirmative Determination of Sales at Less Than Fair Value](https://feedsoft.ai/events/68331-federal-register-biodiesel-from-indonesia-preliminary-affirmative-determination.md) | +1.2% | -0.2% |
| PALMOIL | 2017-10-24 | [The Chain: U.S. Biodiesel Indonesian Countervailing Duty Ruling May Impact Wilmar, Others - Chain Reaction Research](https://feedsoft.ai/events/68341-the-chain-u-s-biodiesel-indonesian-countervailing-duty-ruling-may-impact-wilmar.md) | +0.3% | -0.0% |
| 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 | 2017-10-18 | [Awaiting Final US Ruling over Indonesia's Alleged Biodiesel Dumping \| Indonesia Investments](https://feedsoft.ai/events/68337-awaiting-final-us-ruling-over-indonesia-s-alleged-biodiesel-dumping-indonesia.md) | +0.3% | +1.4% |

## Sources

- federalregister.gov: https://www.federalregister.gov/documents/2017/11/16/2017-24858/biodiesel-from-the-republic-of-indonesia-final-affirmative-countervailing-duty-determination

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