Daily Archives: July 27, 2022

Indonesia runs road test for biodiesel with 40% palm oil

JAKARTA, July 27 (Reuters) – Indonesia on Wednesday launched road tests for two types of biodiesel containing 40% palm oil, hoping to conclude by the end of the year whether they are viable for public use, the energy ministry said. The government currently mandates that all diesel sold in the country must contain 30% palm oil – the highest…

China Agrees to Increase CPO Imports from Indonesia

Jakarta. China has unveiled a commitment to increase its crude palm oil import from Indonesia by 1 million metric tons, or about a fifth of its annual imports, in a move that should help pare down the Southeast Asian producer’s surplus inventories and prop up the commodity prices among local farmers.    China Prime Minister Li…