# Indonesia's palm oil-powered 'green diesel' fuels threat to forests

> Reuters reports Indonesia used about 7 million tonnes of palm oil for biodiesel in 2020 out of 41.4 million tonnes of total output, up from 1.4 million in 2015. Malaysia used about 880,000 tonnes for biodiesel in 2020, up from 600,000 in 2015.

- Date: 2021-02-04 · published 2021-02-04T12:00:00.000Z
- Category: report · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/48507-indonesia-s-palm-oil-powered-green-diesel-fuels-threat-to-forests
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising biodiesel feedstock use absorbs a growing share of palm oil output, tightening supply for food and export markets and supporting palm prices.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-02-05 | [Indonesia’s crude palm oil exports to drop further as more palm oil goes to biodiesel - Opinion](https://feedsoft.ai/events/15758-indonesia-s-crude-palm-oil-exports-to-drop-further-as-more-palm-oil-goes-to.md) | +0.8% | +5.9% |
| PALMOIL | 2020-01-17 | [Palm oil rally sparked by growing biodiesel use in Malaysia and Indonesia](https://feedsoft.ai/events/54957-palm-oil-rally-sparked-by-growing-biodiesel-use-in-malaysia-and-indonesia.md) | -0.0% | -10.8% |
| PALMOIL | 2024-01-16 | [Indonesia’s 2024 palm oil exports seen down 4% on year – statement](https://feedsoft.ai/events/15677-indonesia-s-2024-palm-oil-exports-seen-down-4-on-year-statement.md) | -0.2% | -1.4% |
| PALMOIL | 2019-11-07 | [Total palm oil output of Indonesia, Malaysia seen flat in 2020 - analyst Mistry](https://feedsoft.ai/events/55947-total-palm-oil-output-of-indonesia-malaysia-seen-flat-in-2020-analyst-mistry.md) | +0.6% | +9.2% |
| PALMOIL | 2024-01-16 | [Palm Oil Exports Predicted To Decrease This Year - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)](https://feedsoft.ai/events/15675-palm-oil-exports-predicted-to-decrease-this-year-gabungan-pengusaha-kelapa.md) | -0.2% | -1.4% |

## Sources

- reuters.com: https://www.reuters.com/article/us-indonesia-climate-biodiesel/analysis-indonesias-palm-oil-powered-green-diesel-fuels-threat-to-forests-idUSKBN2A4030/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.