Philippine industry seeking green light for palm oil as biodiesel feedstock

In the Philippines, the leading industry association is calling on the government to expand permitted biodiesel feedstocks to include domestic palm oil instead of just coconut oil. Palm oil currently costs less than half as much as coconut oil at $725 per metric ton. The current blending mandate is for 2% but coconut oil producers have been pushing for a higher blend in order to boost demand. The specs for biodiesel as they currently stand were written with coconut oil in mind.