In Brazil, Reuters reported the ministry of mines and energy confirmed biodiesel blending will increase to 15% starting on April 1, but it will remain at 10% until then. To achieve the higher mandate, soybean demand is estimated at 30 million metric tons for 2023. Any technological route for the biodiesel production in permitted in […]
In Brazil, Reuters reports President-elect Luiz Inacio Lula da Silva plans to revoke the decision to keep the biodiesel mandate at 10% through March 31, 2023 less than a day after the CNAE confirmed the lower mandate would stay in place. The blend is set to go to 15% on April 1, 2023. Blending should […]
In Thailand, the Pattaya Mail newspaper reports that palm oil farmers will only permit the government to restrict biodiesel blending to 7% for four months. The government announced a temporary halt between December 1 and March 31 on B10 and B20, which will cut palm oil demand by 17,000 metric tons per month. The growers […]
In Brazil, Reuters reports the National Energy Policy Council won’t return to the previous blending mandate of 13% biodiesel and will keep it at 10% throughout 2022. The CNPE first cut the blending mandate in September due to high soy prices, but the cut was meant to be mandatory as the national policy increases the […]
In Thailand, the Pattaya Mail newspaper reports the Energy Policy Administration Committee has decided to cap the price of B7 at 83.7 cents per liter until March in an effort to rein in soaring energy prices, especially for businesses and truckers. Only B7 will be available until March with B10 and B20 being pulled from […]
In Thailand, the Bangkok Post reports the government was forced to tap into the oil fund in order to ensure that B10 remained affordable for drivers in light of fuel rising five times in September. The government has set the price for B10 slightly lower than B7 to drive demand for the higher blended fuel. […]
In Thailand, the Bangkok Post newspaper reports that the government has increased the price of B7 in an effort to make B10 and B20 comparatively cheaper and lure drivers towards the higher blends. B7 is set to be phased out. The Oil Fuel Fund Office is providing the funds for the subsidy scheme that will […]
In Thailand, Malaysia’s Star newspaper reports that the Thai government is encouraging motorists to fill up with B10 and B20 which the energy ministry says can reduce smog by up to 25%. The country, and especially the capital, are suffering from severe smog conditions recently. Although all six Thai refineries have committed to produce Euro […]
In Thailand, the Bangkok Post newspaper reports that the planned price cut on B10 and E20 meant to be a Christmas gift to drivers has been postponed to a New Year’s gift after the energy ministry building caught fire. The start of the two week discount period was delayed by a day, starting Thursday instead […]
In Thailand, the Bangkok Post newspaper reports that the government has implemented subsidies on B10 and B20 as of October 1 in an effort to encourage more demand at the pump before B10 takes over B7 as the mandatory blend on January 1. The subsidies will be sourced from the Oil Fuel Fund Administration Office. […]
