# Additional exports of 300,000 tonnes palm oil expected to Greece, Balkan markets | The Star

> Indonesia plans to raise its biodiesel blend to B40 with a target implementation date of July 2021, according to Coordinating Minister Airlangga Hartarto. Pertamina has also produced a first batch of 100% palm-based biodiesel at its Dumai refinery, and the EU plans to phase out palm-based biodiesel for transport.

- Date: 2020-07-28 · published 2020-07-28T12:00:00.000Z
- Category: policy · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/51974-additional-exports-of-300-000-tonnes-palm-oil-expected-to-greece-balkan-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A B40 mandate would significantly increase domestic palm oil use for biofuel, tightening exportable supply and supporting palm oil prices, while EU phase-out plans weigh on long-term export demand.

## Read by commodity

- SBO: bullish ▲
- WTI: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2026-05-26 | [Indonesia announces state body to oversee palm oil exports; market seeks clarity on implementation - Fastmarkets](https://feedsoft.ai/events/19374-indonesia-announces-state-body-to-oversee-palm-oil-exports-market-seeks-clarity.md) | +0.4% | -1.6% |
| PALMOIL | 2022-04-22 | [Indonesia bans palm oil exports as global food inflation spikes](https://feedsoft.ai/events/41928-indonesia-bans-palm-oil-exports-as-global-food-inflation-spikes.md) | +1.1% | -2.1% |
| PALMOIL | 2022-02-01 | [Edible oil markets rally as Indonesia limits palm oil exports - Grain Central](https://feedsoft.ai/events/8092-edible-oil-markets-rally-as-indonesia-limits-palm-oil-exports-grain-central.md) | +6.0% | +25.6% |
| PALMOIL | 2025-05-15 | [RI ups palm oil export levy to 10% as govt boosts biofuel, replanting efforts - Markets - The Jakarta Post](https://feedsoft.ai/events/15558-ri-ups-palm-oil-export-levy-to-10-as-govt-boosts-biofuel-replanting-efforts.md) | -0.1% | +1.0% |
| PALMOIL | 2026-04-22 | [Malaysia's palm oil-based biodiesel push to add 300,000 tpy in demand](https://feedsoft.ai/events/15480-malaysia-s-palm-oil-based-biodiesel-push-to-add-300-000-tpy-in-demand.md) | -0.0% | -0.2% |
| SBO | 2022-04-22 | [Indonesia bans palm oil exports as global food inflation spikes](https://feedsoft.ai/events/41928-indonesia-bans-palm-oil-exports-as-global-food-inflation-spikes.md) | +3.2% | -4.4% |
| SBO | 2022-02-01 | [Edible oil markets rally as Indonesia limits palm oil exports - Grain Central](https://feedsoft.ai/events/8092-edible-oil-markets-rally-as-indonesia-limits-palm-oil-exports-grain-central.md) | +1.1% | +8.8% |
| SBO | 2025-05-15 | [RI ups palm oil export levy to 10% as govt boosts biofuel, replanting efforts - Markets - The Jakarta Post](https://feedsoft.ai/events/15558-ri-ups-palm-oil-export-levy-to-10-as-govt-boosts-biofuel-replanting-efforts.md) | -0.8% | -4.5% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2020/07/29/additional-exports-of-300000-tonnes-palm-oil-expected-to-greece-balkan-markets

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