Thai biodiesel producers worried about further mothballing as two new plants come online

December 27, 2017 |

In Thailand, two new biodiesel plants are set to come online, bringing national daily production to 8.5 million liters, but the additional supplies concern existing producers that a glut will be created will no market to absorb it. The new producers are expected to consume their entire production. Domestic demand runs at a maximum of 3.5 million liters per day, leaving the rest for the export market. Prices are running at 61 cents per liter despite only 50% of installed production capacity currently operating nationally.

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Category: Producer News

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