# Malaysia 2019 biodiesel output, exports seen at record highs

> Malaysia's biodiesel output is forecast to rise 55% to 1.4 million tonnes in 2019, with exports at 600,000 to 650,000 tonnes. The industry association attributes the growth to low palm oil prices, which make palm-based biodiesel more attractive for blending. Exports are expected to benefit from the EU's proposed duties on Indonesian biodiesel.

- Date: 2019-07-26 · published 2019-07-26T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/57979-malaysia-2019-biodiesel-output-exports-seen-at-record-highs
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Stronger biodiesel blending absorbs palm oil and supports demand, which is bullish for palm oil prices. Cheap feedstock is driving the expansion, so the demand gain is partly self-reinforcing.

## Read by commodity

- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-10-16 | [Malaysia’s biodiesel output, exports set to hit records  \| The Star](https://feedsoft.ai/events/62407-malaysia-s-biodiesel-output-exports-set-to-hit-records-the-star.md) | +1.1% | -6.8% |
| PALMOIL | 2017-03-08 | [Malaysian Biodiesel Association - Higher biodiesel production](https://feedsoft.ai/events/71876-malaysian-biodiesel-association-higher-biodiesel-production.md) | -2.6% | -7.5% |
| PALMOIL | 2020-02-06 | [Indonesia’s biodiesel thirst may weaken palm oil exports](https://feedsoft.ai/events/54503-indonesia-s-biodiesel-thirst-may-weaken-palm-oil-exports.md) | -2.7% | -11.2% |
| PALMOIL | 2022-04-22 | [Soyoil surges to record high as Indonesia bans palm oil exports](https://feedsoft.ai/events/14040-soyoil-surges-to-record-high-as-indonesia-bans-palm-oil-exports.md) | +1.1% | -2.1% |
| PALMOIL | 2022-07-13 | [Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains - Markets - Business Recorder](https://feedsoft.ai/events/15804-palm-rises-on-indonesia-s-biodiesel-mandate-lower-exports-cap-gains-markets.md) | -5.7% | -3.0% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2019/07/malaysia-2019-biodiesel-output-exports-seen-at-record-highs/

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