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The International Council on Clean Transportation says Indonesia's 20 percent biodiesel mandate raises fuel costs for drivers. Palm biodiesel has less energy per liter, so consumers fill up more often.
The subsidy is funded by palm oil industry levies.
The mandate supports domestic palm oil demand, but criticism of its cost and climate impact could pressure policymakers over time.
theicct.orgInternational Council on Clean TransportationDec 1, 2017After 513 past neutral policy events, Palm Oil moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.4%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
