# Indonesia biodiesel group says more capacity in 2020 could help exports | The Star

> The Indonesian Biofuel Producers Association expects 3.62 million kilolitres of additional biodiesel (FAME) capacity in 2020, bringing total capacity to 12 million kilolitres. The association says this could support biodiesel exports.

- Date: 2020-02-03 · published 2020-02-03T12:00:00.000Z
- Category: policy · region Indonesia · magnitude low
- Page: https://feedsoft.ai/events/54502-indonesia-biodiesel-group-says-more-capacity-in-2020-could-help-exports-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Rising biodiesel capacity could draw more palm oil into fuel production and reduce oil available for food and export. That supports palm oil prices if the export channel grows.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-02-06 | [Indonesia’s biodiesel thirst may weaken palm oil exports](https://feedsoft.ai/events/54503-indonesia-s-biodiesel-thirst-may-weaken-palm-oil-exports.md) | -2.7% | -11.2% |
| PALMOIL | 2018-10-16 | [Malaysia’s biodiesel output, exports set to hit records  \| The Star](https://feedsoft.ai/events/62407-malaysia-s-biodiesel-output-exports-set-to-hit-records-the-star.md) | +1.1% | -6.8% |
| PALMOIL | 2019-09-24 | [Indonesia to Imposes Export Levy for CPO Starts Jan. 2020 - The Insiders Stories](https://feedsoft.ai/events/56964-indonesia-to-imposes-export-levy-for-cpo-starts-jan-2020-the-insiders-stories.md) | -0.7% | +0.6% |
| PALMOIL | 2017-08-23 | [M’sia, Indonesia in talks on possible B5 biodiesel programme in China \| The Star](https://feedsoft.ai/events/69316-m-sia-indonesia-in-talks-on-possible-b5-biodiesel-programme-in-china-the-star.md) | +0.1% | +6.5% |
| PALMOIL | 2021-12-01 | [Indonesia to ramp up biodiesel efforts to meet green energy targets,  official says \| Reuters](https://feedsoft.ai/events/15857-indonesia-to-ramp-up-biodiesel-efforts-to-meet-green-energy-targets-official.md) | -3.6% | -6.2% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2020/02/04/indonesia-biodiesel-group-says-more-capacity-in-2020-could-help-exports

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