# Price ceiling sought to support biodiesel - Thu, May 4, 2017 - The Jakarta Post

> Indonesia's government is still drafting new biodiesel price caps for distributors. Caps under discussion are Rp 4,000 per liter for subsidised PSO distribution and Rp 2,000 per liter for non-PSO distribution. The government will keep the current pricing scheme until a revised presidential regulation takes effect.

- Date: 2017-05-03 · published 2017-05-03T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/70908-price-ceiling-sought-to-support-biodiesel-thu-may-4-2017-the-jakarta-post
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Extending subsidies to non-PSO distributors could expand domestic biodiesel blending and therefore crude palm oil demand. The final caps and formula will determine how much palm oil the program absorbs.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-01-16 | [Analysis: RI to implement B40 biodiesel mandate in 2025  - Academia - The Jakarta Post](https://feedsoft.ai/events/15594-analysis-ri-to-implement-b40-biodiesel-mandate-in-2025-academia-the-jakarta-post.md) | -0.3% | +4.2% |
| PALMOIL | 2025-06-09 | [CPO export levy hike may jeopardize subsidized cooking oil supply - Markets - The Jakarta Post](https://feedsoft.ai/events/15554-cpo-export-levy-hike-may-jeopardize-subsidized-cooking-oil-supply-markets-the.md) | -0.2% | +5.4% |
| PALMOIL | 2018-03-07 | [Oil palm agency collects Rp 2.1t in export tax toward biodiesel incentive - Business - The Jakarta Post](https://feedsoft.ai/events/65884-oil-palm-agency-collects-rp-2-1t-in-export-tax-toward-biodiesel-incentive.md) | -2.3% | -0.1% |
| PALMOIL | 2025-05-15 | [RI ups palm oil export levy to 10% as govt boosts biofuel, replanting efforts - Markets - The Jakarta Post](https://feedsoft.ai/events/15558-ri-ups-palm-oil-export-levy-to-10-as-govt-boosts-biofuel-replanting-efforts.md) | -0.1% | +1.0% |
| PALMOIL | 2024-03-25 | [Biodiesel to drive 2025 palm oil prices: IPOC \| Latest Market News](https://feedsoft.ai/events/15660-biodiesel-to-drive-2025-palm-oil-prices-ipoc-latest-market-news.md) | +0.1% | -1.8% |

## Sources

- thejakartapost.com: https://www.thejakartapost.com/news/2017/05/04/price-ceiling-sought-support-biodiesel.html

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