Sanya Susanti and Uyu Liman (Antara) The mandatory Biodiesel 35 (B35) program is expected to distribute 13.15 million kiloliters of biodiesel this year, Deputy for Food and Agribusiness at the Coordinating
Tag "palm oil prices"
by Bernadette Christina Munthe, Ananda Teresia, Fransiska Nangoy (Reuters) Indonesia has raised its 2022 biodiesel allocation to 11.03 million kilolitres amid expectations of rising demand in the fourth quarter while it
by Tyne Morgan (AgWeb) Soybean oil prices hit nearly limit up in overnight trading after Indonesia announced it will effectively ban palm oil exports as of April 28 due to soaring
by Josh Sosland (World Grain/Milling & Baking News) … Lost in the back and forth over the RVOs are the global forces driving strong prices for US edible oils. Viewed
by Aditya Kondalamahanty (S&P Global) Indonesia’s use of palm oil to make biodiesel to rise by 23% by 2030; Biodiesel use projected to increase by 7% over coming decade; Palm oil production expected
by Douglas Root* (Advanced Biofuels USA) The oleochemicals industry is struggling. Shipping costs have increased. Suppliers are not able to deliver raw materials, maintenance supplies, and new equipment. Scheduled maintenance
(Bloomberg/CarSifu) Malaysia, the world’s second-biggest palm oil producer, expects its B20 biofuel plan to be implemented nationwide by the end of 2022, according to Plantation Industries and Commodities Minister Datuk
by Kim Chipman (Bloomberg) Oil refiners’ attempt to clean up their act is bumping into growing concerns over food prices and supplies as nations seek to get back on their
by Tom Brown (Independent Commodity Intelligence Services) Shifting government priorities are continuing to weigh on the growth of biofuels, with the policy-driven sector buffeted by delays in new legislation and
(Biofuels International) A plan to make E20 a leading fuel for motorists in Thailand should eventually come into effect in July. According to the Department of Energy Business officials want
(Fitch Ratings) The revision in Indonesia’s export levy structure should support Indonesia’s biodiesel consumption growth in 2021 by boosting collections to fund the subsidy burden, Fitch Ratings says. This will
by Bernadette Christina and Fathin Ungku (Reuters) Policy adjustments required to sustain biodiesel subsidies; Biodiesel program may see $865 mln deficit in 2021-economist; Price gap between crude palm oil and
(Fitch Ratings) The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and
(Malay Mail/Bernama) The biodiesel improvement programme and initiatives in the country as well as opening of new markets have contributed to the increase in palm oil price currently, said Plantation
by Jim Lane (Biofuels Digest) “A solid quarter despite market turbulence due to COVID-19”,is how Neste is describing their second quarter of 2020 in this just released presentation. Check out
by Hans Nicholas Jong (Mongabay/EcoBusiness) Campaigners have blasted the move, noting that the fund is meant to empower small oil palm farmers and not subsidise the giant multinationals that produce biodiesel.
(The Edge Markets/Bernama) With demand for crude oil dropping sharply, leading to a steep fall in crude oil prices, the viability of the biodiesel business has also weakened significantly, putting both Malaysia and
(The Guardian) … Oil palm can fetch Nigeria as much revenue as the crude oil can so said the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele. But self-inflicted
(UFOP/Biodiesel Magazine) The vegetable oil markets are currently extremely calm. The coronavirus pandemic is creating pressure in the financial and commodities markets and also pulling down spot prices for oilseeds and
by Isis Almeida, Michael Hirtzer, and Jen Skerritt (Bloomberg) Oil’s nosedive is sending farmers a stark reminder: they also need to be energy traders. — Growers have become more vulnerable to
by Ron Kotrba (Biodiesel Magazine) Thai petroleum refining company and fuel retailer Bangchak has started selling B10 at its more than 400 service stations across Thailand. Calling the fuel “Hi Diesel S
by Yuthana Praiwan (Bangkok Post) The Energy Ministry plans to promote gasohol E20 as the fundamental petrol in the third quarter in a bid to become the first country in Asia
(Star Online/Xinhua) A thick layer of smog covers central Bangkok. Thailand’s Ministry of Energy on Tuesday (Jan 21) suggested motorists to use biodiesel B10 and B20 to curb aggravating smog
by Mei Mei Chu (Reuters) Average palm oil prices will surge 17.9% this year, a Reuters poll of industry participants showed, as reduced output in the first half of the year
by Yuthana Praiwan (Bangkok Post) Feasibility of futures undergoing study — The Energy Ministry plans to set up regulations for a B100 derivatives exchange in the country’s commodity market to
(Bernama/Sun Daily) The island of Langkawi has begun using the 20% Biodiesel blend methyl esters content or the B20 Biodiesel in the transport sector since Jan 1, 2020. Primary Industries Minister
(The Nation Thailand) Energy Minister Sontirat Sontijirawong visited a PTT petrol station in Viphavadee Soi 11 on Wednesday (January 1) to follow up on the government’s policy to promote B10 biodiesel
by Donavan Lim (S&P Global Platts) Indonesian PME exports to sink; CPO production stalls; B30 to support consumption — Analysts and traders fixated on the elevated crude palm oil stockpile at the beginning
(Bernama/Sun Daily) The B20 biodiesel programme for the transport sector is expected to be launched in phases next year, that would give a fillip to the crude palm oil (CPO)
(Malay Mail/Bernama) Crude palm oil (CPO) prices would be able to sustain its current upward momentum if governments, particularly those from the Council of Palm Oil Producing Countries (CPOPC), could coordinate
by Bernadette Christina Munthe and Fransiska Nangoy (Reuters) Indonesia will run a comprehensive trial for its B30 biodiesel programme in mid-November or early December, Paulus Tjakrawan, vice chairman of Indonesian Biofuel
by Nur Yasmin (Jakarta Globe) Djoko Siswanto, secretary general of the National Energy Committee, said Indonesia is developing green fuel as an end-product of palm oil, to reduce the country’s reliance on
by Nur Yasmin (Jakarta Globe) Indonesia’s B30 biofuel plan, which will become effective at the beginning of January next year, will further increase domestic consumption of palm oil and prop up
by Tan Xue Ying (The Edge Markets) Concerned by the impact of low commodity prices on livelihoods of Malaysians in the plantation sector, the government has proposed a palm oil replanting
by Marchio Irfan Gorbiano (Jakarta Post) President Joko “Jokowi” Widodo said he wanted to increase the portion of diesel blended with crude palm oil (CPO) from the current 20 percent ( B20
(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
(Union zur Förderung von Oel- und Proteinpflanzen (UFOP)/LifePR) …The Union zur Förderung von Oel- und Proteinpflanzen (UFOP) has noted that the price situation in the vegetable oil markets would be
by Anna Mogato (Rappler) Industry stakeholders say even a 1% increase in coconut methyl ester in diesel can help bring up copra prices, which have been declining — Biofuels industry stakeholders are
(Union zur Förderung von Oel- und Proteinpflanzen (UFOP)/Biodiesel Magazine) Selling prices for palm oil and diesel fuel have recently converged to the same level, after the former had even been at
(Bloomberg Quint) Franky Widjaja, head of one of the world’s biggest palm plantation companies, warned that the European Union’s plans to restrict use of the tropical oil in biofuel will misfire
by Ida Nadirah Ibrahim (Malay Mail) The federal government has allocated RM5 million insurance for vehicles fuelled with B10 biodiesel, which contains 10 per cent palm oil. Primary Industries Minister Teresa
(Jakarta Post) Amid low demand and the price decrease of crude palm oil (CPO) in the global market, President Joko “Jokowi” Widodo has advised oil palm tree growers to grow durian
(ICIS News) The US glycerine market is closely watching Indonesian biodiesel production given that a potential ramp up of production rates in that country could push more glycerine volume to
(GlobeNewswire/ResearchAndMarkets.com) The “Malaysian Biodiesel Mandate”report has been added to ResearchAndMarkets.com’s offering. This study offers a detailed overview of the biodiesel mandate in Malaysia and the steps taken by the Malaysian government to protect the