Indonesia: Oilseeds and Products Update

  |   Attaché Report (GAIN)   |   ID2023-0002

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Office of Agricultural Affairs, Jakarta   |   (011-62-21) 3435-9161

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Indonesia: Oilseeds and Products Update

Indonesia 2022/23 palm oil consumption is expected to rise to 19.4 million metric tons (MMT) on increased use for biodiesel production, as the Government of Indonesia (GOI) rolls out higher blending rates for its 2023 mandatory biodiesel blending program. The GOI is considering extending its soybean subsidy program into 2023, which would continue to impact the soybean market.

East Asia and the Pacific, Indonesia
Oilseeds, Soybeans, Vegetable Oils (excl. soybean)

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