# Malaysia Maintains Its Status Quo On Biodiesel

> Malaysia's plantation ministry said it will keep its biodiesel mandate unchanged after Indonesia lifted its palm oil export ban. The statement responds to objections from the biodiesel industry over a suggestion to slow biofuel use.

- Date: 2022-06-02 · published 2022-06-02T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/15812-malaysia-maintains-its-status-quo-on-biodiesel
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Keeping the biodiesel mandate supports steady palm oil demand for fuel, which limits downside for vegetable oil prices as export supply recovers.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-05-02 | [Indonesia 2019 biodiesel exports to rise  \| The Star](https://feedsoft.ai/events/58956-indonesia-2019-biodiesel-exports-to-rise-the-star.md) | -3.3% | -3.6% |
| PALMOIL | 2018-09-15 | [Biodiesel won't pose risk to vehicle engines, says Indonesian producer \| Malaysiakini](https://feedsoft.ai/events/62902-biodiesel-won-t-pose-risk-to-vehicle-engines-says-indonesian-producer.md) | -1.6% | -2.4% |
| PALMOIL | 2017-02-27 | [Malaysia's currency curbs boomerang on bond markets](https://feedsoft.ai/events/72756-malaysia-s-currency-curbs-boomerang-on-bond-markets.md) | -3.0% | -4.8% |
| PALMOIL | 2023-09-19 | [Malaysia Maintains October Export Duty for Crude Palm Oil at 8%](https://feedsoft.ai/events/15703-malaysia-maintains-october-export-duty-for-crude-palm-oil-at-8.md) | -0.4% | -3.1% |
| PALMOIL | 2017-12-01 | [The hidden cost of Indonesia’s biodiesel mandate to consumers](https://feedsoft.ai/events/67870-the-hidden-cost-of-indonesia-s-biodiesel-mandate-to-consumers.md) | -5.1% | -5.4% |

## Sources

- businesstoday.com.my: https://www.businesstoday.com.my/2022/06/02/malaysia-maintains-its-status-quo-on-biodiesel/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.