# Malaysia teaming with Indonesia to develop Chinese and Indian biodiesel markets  : The Daily Digest

> Malaysia is working with Indonesia to build biodiesel markets in China and India, given pressure from EU and US palm oil campaigns. The two countries together account for over 91% of global palm oil exports.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/69317-malaysia-teaming-with-indonesia-to-develop-chinese-and-indian-biodiesel-markets
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Coordinated market development could add palm oil biodiesel demand in China and India, which is supportive for palm oil prices. The report restates talks rather than a finalized deal.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2020-06-09 | [Indonesia pushes biodiesel production costs down 20%  : The Daily Digest](https://feedsoft.ai/events/52488-indonesia-pushes-biodiesel-production-costs-down-20-the-daily-digest.md) | -1.1% | +0.4% |
| PALMOIL | 2018-03-12 | [Indonesian biodiesel production seen jumping to 3.5 million tons this year  : The Daily Digest](https://feedsoft.ai/events/65877-indonesian-biodiesel-production-seen-jumping-to-3-5-million-tons-this-year-the.md) | +1.1% | +4.0% |
| PALMOIL | 2020-03-05 | [Indonesia’s B30 mandate to use 9.6 billion liters of biodiesel and save $4.5B in fossil fuel imports  : The Daily Digest](https://feedsoft.ai/events/54012-indonesia-s-b30-mandate-to-use-9-6-billion-liters-of-biodiesel-and-save-4-5b-in.md) | -5.2% | -9.6% |
| PALMOIL | 2025-03-10 | [End of cheap palm oil? Malaysia, Indonesia face supply crunch as biodiesel demand surges](https://feedsoft.ai/events/15577-end-of-cheap-palm-oil-malaysia-indonesia-face-supply-crunch-as-biodiesel-demand.md) | -1.1% | -5.0% |
| PALMOIL | 2020-05-18 | [Palm-based B30 biodiesel mandate to continue with Indonesian government backing](https://feedsoft.ai/events/52989-palm-based-b30-biodiesel-mandate-to-continue-with-indonesian-government-backing.md) | +1.8% | +14.8% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/malaysia-teaming-with-indonesia-to-develop-chinese-and-indian-biodiesel-markets/

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