Indonesia’s plan to raise its biodiesel blending mandate has hit a setback. (Photo: iStock)
Indonesia has officially postponed its plan to mandate a 50% biodiesel blending rate (B50), originally slated for 2026. Following a government meeting on Jan. 14, Deputy Minister of Energy and Mineral Resources Yuliot Tanjung confirmed that the country will instead maintain its current B40 policy.
Tanjung noted that higher diesel output from the Balikpapan refinery is expected to be sufficient to meet existing B40 demand. Following the announcement, Malaysia’s benchmark palm oil prices turned volatile and retreated from their January highs.
