Producers in Bali debate the future of palm oil

Market prospects for a sector vital to Indonesia’s economy are the focus of the 2025 edition of IPOC, the national conference of palm oil producers taking place in Bali until 14 November. The meeting, entitled ‘Navigating complexity, driving growth: governance, biofuel policy and global trade’, brings together 1,500 participants from 26 countries, including policy makers, investors and industry leaders from across the palm oil supply chain. The event comes at a delicate time: the price of crude palm oil (CPO) has fallen to US5.9 per tonne, down 17.12% year-on-year. However, analysts in Bali are optimistic, judging these losses to be limited and betting on the intention expressed by Indonesia, the world’s largest palm oil producer, to increase the mandate on biodiesel from 40% to 50% in the second half of 2026. This policy could reduce global supply and support prices in key markets such as India and China. In addition to IPOC, Bali is also hosting the International Conference on ...