Malaysia’s B10 policy hindered by high palm oil prices

In Malaysia, price remains the main deterrent to implementing the B10 biodiesel mandate with biodiesel prices of roughly $2.94/liter compared to $1.60/liter for diesel. Contrary to how the higher blending mandate is financed in Indonesia where the government picks up the bill, in Malaysia it would be up to consumers to pay the price difference but at such a difference it may not be feasible to expect much enthusiasm for the policy. The plantations minister asked the palm oil board to start doing B15 trials to pave the way for future mandate increases.