Indonesia falls short of January B20 mandate at only 41%

In Indonesia, the country only managed to supply 41% of the B20 blend in January at 222.455 million liters, compared to the 533 million liters it should have. Low fossil diesel prices are weighing heavily on the country’s ability to meet its blending targets, with prices currently half those of biodiesel. Lack of trading infrastructure, policies and regulations mixed with complicated licensing procedures are worsening the situation even further. To help counteract prices, the government wants developed countries to pay a premium for CPO to help pay for the widening price gap with fossil diesel.