Friday, 13 November 2026 Biodiesel HIP Oct IDR 15,072/litre CPO Ref. Oct US$1,042.15/MT Riau FFB IDR 3,733.74/kg Mandate B50 mandatory
Prices & Markets

Indonesia Biodiesel Weekly: B50, IPOC and CPO Prices (9–13 November 2026)

Reuters reports 13.84 million kL of biodiesel use by 10 November; IPOC weighs B50 funding while KPBN and FCPO recover through Thursday.

Illustration of a biodiesel analysis desk with palm oil sample and laptop chart
AI-generated illustration, not an event photo.
Contents (4 sections)

Jakarta — In the week of Monday to Friday, 9–13 November 2026, Indonesia's palm-based biodiesel consumption was reported at 13.84 million kilolitres (kL) as of 10 November; the KPBN Dumai CPO tender rose from IDR 14,275/kg on Monday to IDR 14,440/kg on Thursday, the latest verified session as this edition was prepared at 15:00 Jakarta time on Friday. Coordinating Minister Airlangga Hartarto put B50's biodiesel requirement at about 16.7 million kL and highlighted sustainable aviation fuel (SAF) as another downstream priority. Malaysia's October palm oil stock stood at 3.62 million tonnes, according to MPOB, a regional feedstock signal rather than proof of any automatic change in Indonesia's mandate.

This week's numbers

IndicatorOpening periodLatest verified
KPBN CPO, Franco Dumai, excluding VAT9 Nov: IDR 14,275/kg, awarded12 Nov: IDR 14,440/kg, awarded; not Friday's close
Bursa Malaysia FCPO, January 2027 contract10 Nov: MYR 4,260/tonne, first available session in series12 Nov: MYR 4,439/tonne; Friday unverified
ICDX nearby CPO futuresIDR 15,420/kg on 29 Oct; no 9–13 Nov data in series
ESDM biodiesel market index price (HIP)IDR 14,312/litre effective in November, plus transport; not a pump price
Riau FFB, 10–20-year palmsPlasma IDR 3,766.55/kg; independent smallholder partnership IDR 3,680.99/kg, 11–17 Nov
National biodiesel use13.84 million kL by 10 Nov, Reuters citing an ESDM official; not a written ministry report

The KPBN comparison uses awarded Franco Dumai tenders, not withdrawn offers. The FCPO series lacks a 9 November point, so 10 November is the first available observation, not Monday's opening. ICDX's latest observation is from 29 October and cannot be presented as this week's close. See the KPBN, FCPO and HIP data pages for detail.

Six developments from 9–13 November

  • Biodiesel use reached 13.84 million kL by 10 November, or 83% of an approximately 16.7 million-kL B50 allocation, Reuters reported citing an ESDM official. Other allocation figures have circulated, so the percentage depends on the denominator used.
  • Airlangga told IPOC 2026 that biodiesel requirements would rise from 15.6 million kL under B40 to around 16.7 million kL under B50. GAPKI's figure of around 60 million tonnes of palm production in 2026 is a projection, not a final-year result.
  • B50 funding was debated: an LPEM FEB UI model reported by Katadata puts incentives at US$700 million–US$2.6 billion across Brent oil price scenarios. These are conditional 2027 estimates, not BPDP disbursements.
  • MPOB reported Malaysian palm oil stocks of 3,621,164 tonnes in October, with CPO output of 2,153,701 tonnes and palm oil exports of 1,708,670 tonnes. The preliminary figures offer regional feedstock context but do not measure Indonesia's exports or B50 consumption.
  • Pertamina's Cilacap target is a combined 288,000 kL of SAF and hydrotreated vegetable oil (HVO) annually starting in 2029. The split is unspecified: it is neither SAF-only capacity nor production already achieved.
  • Riau FFB prices diverged for 11–17 November: plasma palms aged 10–20 years were set at IDR 3,766.55/kg and the independent smallholder partnership at IDR 3,680.99/kg. Provincial periods and partnership schemes differ, so CPO tender moves are not an automatic farmgate price.

What it means for Indonesia

The Malaysian inventory release and FCPO rebound provide a dated international benchmark for Indonesia's CPO feedstock market; neither alone establishes a change to the B50 blend or domestic FFB prices. Indonesia's biodiesel programme, meanwhile, creates a documented domestic outlet for palm oil. Policy and price outcomes still require separate evidence from Indonesian agencies and market transactions.

What to watch next week

During 16–20 November, monitor KPBN tenders, FCPO settlements and any new Riau FFB determination after the current 11–17 November period. These are editorial watch items, not confirmed release dates. Check trade dates against publication dates before calling a Thursday quote Friday's close.

Look for a written ESDM update on B50 use beyond the Reuters-reported official's figure, and for a Pertamina breakdown between planned SAF and HVO output. Any new financing parameters should be distinguished from the conditional LPEM FEB UI model. November's HIP has been effective since 1 November; it is not an upcoming announcement.

Sources & references