Indonesia puts export restrictions on UCO and POME

In Indonesia, Reuters reports Indonesia has decided to limit exports of used cooking oil as well as palm oil residue such as palm oil mill effluent in an effort to retain sufficient feedstock in the country to achieve its new 40% blending mandate. As the levy lobbed on crude palm oil exports are used to subsidize biodiesel blending, the government had to find other feedstocks that wouldn’t impede that revenue. UCO and POME exporters will now have to secure an export allocation that will be set by meetings of ministry officials.