Indonesia: Oilseeds and Products Update
Link to report:
Weaker demand due to COVID-19 has reduced palm oil exports by 2 million tons. 2020 biodiesel distribution falls short of allocation as the diverging diesel price spread continues to threaten Indonesia’s B30 mandate. Senior Ministry of Agriculture (MOA) officials suggest new restrictions on soybean imports in the government regulations to implement an Omnibus Jobs Creation Law.