# Federal Register
       :: 
      Biodiesel From Indonesia: Preliminary Affirmative Determination of Sales at Less Than Fair Value

> The US Department of Commerce preliminarily determined that biodiesel from Indonesia is being, or is likely to be, sold in the United States at less than fair value. The determination covers the January to December 2016 period of investigation and was published in the Federal Register on October 31, 2017.

- Date: 2017-10-31 · published 2017-10-31T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/68331-federal-register-biodiesel-from-indonesia-preliminary-affirmative-determination
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Antidumping duties on Indonesian palm-based biodiesel shift US demand toward domestic soybean oil and away from palm oil imports. The duty supports SBO prices and weighs on palm oil.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 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) | +2.0% | -2.4% |
| SBO | 2017-10-26 | [Commerce Department Imposes Preliminary Antidumping Determination on Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/68545-commerce-department-imposes-preliminary-antidumping-determination-on-biodiesel.md) | +1.9% | -0.6% |
| SBO | 2018-01-29 | [WTO Rules in Favor of Indonesia on EU's Biodiesel Anti-Dumping Duties \| Indonesia Investments](https://feedsoft.ai/events/66874-wto-rules-in-favor-of-indonesia-on-eu-s-biodiesel-anti-dumping-duties-indonesia.md) | -0.9% | -0.5% |
| SBO | 2017-08-24 | [Markets respond to US duties on Argentine and Indonesian biodiesel - Biofuels International Magazine](https://feedsoft.ai/events/69541-markets-respond-to-us-duties-on-argentine-and-indonesian-biodiesel-biofuels.md) | -1.1% | -1.8% |
| SBO | 2017-05-24 | [NBB testifies on damage done by Indonesian biodiesel imports - Biofuels International Magazine](https://feedsoft.ai/events/70906-nbb-testifies-on-damage-done-by-indonesian-biodiesel-imports-biofuels.md) | -3.1% | -1.5% |
| 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 | 2017-11-16 | [Federal Register
       :: 
      Biodiesel From the Republic of Indonesia: Final Affirmative Countervailing Duty Determination](https://feedsoft.ai/events/67864-federal-register-biodiesel-from-the-republic-of-indonesia-final-affirmative.md) | -0.5% | -7.2% |
| PALMOIL | 2019-07-25 | [EU plans to impose import duties on Indonesia biodiesel \| The Star](https://feedsoft.ai/events/57980-eu-plans-to-impose-import-duties-on-indonesia-biodiesel-the-star.md) | +0.2% | +8.1% |

## Sources

- federalregister.gov: https://www.federalregister.gov/documents/2017/10/31/2017-23602/biodiesel-from-indonesia-preliminary-affirmative-determination-of-sales-at-less-than-fair-value

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