Thailand exploring boosting biodiesel blend to 5%

In Thailand, the government is looking to boost the biodiesel blending mandate to 5% from the current 3% in an effort to support palm oil producers after lobbying by growers, crushers and biodiesel producers. To stave off a potential shortage of cooking oil, the mandate can be dialed back down to 3% if needed. The energy ministry is consulting with counterparts in agriculture and commerce ministries to confirm palm oil supply availability, reserves and potential demand.