# MPI and MoF in talks for biodiesel stabilisation fund | Borneo Post Online

> Malaysia's Ministry of Primary Industries is negotiating with the Ministry of Finance to create a biodiesel stabilisation fund. The proposal would send 3% of the windfall tax on palm oil exporters into the fund, which would subsidise biodiesel blending when CPO prices exceed diesel prices. Blending upgrades were also agreed at 35 petroleum terminals.

- Date: 2019-11-21 · published 2019-11-21T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/55944-mpi-and-mof-in-talks-for-biodiesel-stabilisation-fund-borneo-post-online
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A fund that subsidises biodiesel blending would support domestic palm oil demand and could help keep CPO prices firm, while the windfall tax link ties the scheme to export revenue.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-05-03 | [Greater push for biodiesel in Indonesia, Malaysia \| Borneo Post Online](https://feedsoft.ai/events/70909-greater-push-for-biodiesel-in-indonesia-malaysia-borneo-post-online.md) | +2.2% | +2.1% |
| PALMOIL | 2019-11-22 | [Kok: No objection from Putrajaya on biodiesel stabilisation fund](https://feedsoft.ai/events/55946-kok-no-objection-from-putrajaya-on-biodiesel-stabilisation-fund.md) | +0.6% | +10.2% |
| PALMOIL | 2016-11-26 | [US’ new biofuel mandate boon to M’sia’s plantation sector \| Borneo Post Online](https://feedsoft.ai/events/73930-us-new-biofuel-mandate-boon-to-m-sia-s-plantation-sector-borneo-post-online.md) | +3.7% | +4.4% |
| PALMOIL | 2018-03-22 | [Positive on EU’s removal of duties on biosdiesel import from Indonesia \| Borneo Post Online](https://feedsoft.ai/events/66113-positive-on-eu-s-removal-of-duties-on-biosdiesel-import-from-indonesia-borneo.md) | +0.1% | +0.1% |
| PALMOIL | 2017-08-23 | [M’sia, Indonesia in talks on possible B5 biodiesel programme in China \| The Star](https://feedsoft.ai/events/69316-m-sia-indonesia-in-talks-on-possible-b5-biodiesel-programme-in-china-the-star.md) | +0.1% | +6.5% |

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/11/22/mpi-and-mof-in-talks-for-biodiesel-stabilisation-fund/

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