The Palm Scribe

Government targets new market

Bisnis Indonesia, 1 March 2018
The government is urging biodiesel producers to increase export sales volume to the existing markets and new markets, following the US’ decision to impose antidumping duty since February 21, 2018. Trade Ministry Trade Research and Development Head Kasan Muhri said that exporters could intensify export to several countries, while the government will start seeking alternative countries for non-traditional markets. Indonesia’s biodiesel export increased by 54.7% (yoy) in 2016, but dropped 57% (yoy) in 2017.

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