Higher Biodiesel Mandates in Indonesia to Curb Palm Oil Supplies, Analyst Says

October 08, 2024, 07.01 PM
Source: ReutersEditor: Herlina Kartika Dewi

CPO - KUALA LUMPUR. Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday.

Indonesia currently has a mandatory 35% blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40% palm oil to cut its energy imports.

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