Biodiesel B10 Terminated on Expensive Palm Oil
The Energy Policy Administration Committee (EPAC) resolved to terminate biodiesel B10 and introduce biodiesel B5 due to the high price of palm oil.
The Energy Policy Administration Committee (EPAC) resolved to terminate biodiesel B10 and introduce biodiesel B5 due to the high price of palm oil.
Thailand, Malaysia and Indonesia support the use of biodiesel to absorb palm supply, targeting to use B10-30 by next year.
The Commerce Ministry tries to promote the export of palm oil to reduce local stocks.