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B10 Biodiesel Programme Will Continue to Have Positive Impact on Palm Oil Prices

Business News/Analysis, Feedstocks, Field/Orchard/Plantation Crops/Residues, Malaysia, Opinions, Policy, Sustainability
July 29, 2019
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(Bernama/The Sun Daily)   The implementation of the B10 Biodiesel programme will continue to give positive impact on palm oil prices, with consumption of the country’s palm oil expected to increase by up to 800,000 tonnes by the end of this year, the Dewan Negara was told today.

…

The B10 Biodiesel, a blend of 10% palm oil and 90% diesel, has been made mandatory for the transport sector since Feb 1 this year.

He said this when answering a supplementary question from Senator Datuk Seri Ti Lian Ker on the effectiveness of the programme in improving the country’s palm oil industry.

Shamsul Iskandar said the government would continue to intensify its efforts to help palm oil producers obtain the Malaysian Sustainable Palm Oil (MSPO) certification to raise the profile of the crop in the global market, including providing a special fund for that purpose.  READ MORE

Malaysia 2019 biodiesel output, exports seen at record highs – industry association (The Sun Daily/Reuters)

Malaysia sees palm oil output, prices edging up in 2020-economic report (Reuters/Yahoo! Finance)

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B10economic policyMalaysiapalm oilpalm oil pricesSustainabilityTransportation Fuels Policy
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