# Biodiesel price must be controlled, says Kok | The Star

> Malaysia's government has set up a four-ministry committee to devise a mechanism for controlling the price of B20 biodiesel. The committee was discussed at a Cabinet meeting, and the stated goal is to boost domestic biodiesel usage.

- Date: 2019-06-13 · published 2019-06-13T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58468-biodiesel-price-must-be-controlled-says-kok-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A price-control or stabilisation mechanism for biodiesel would aim to limit the pass-through of high CPO prices into fuel, which could sustain domestic palm oil demand for biodiesel. The outcome remains undetermined, so the price effect is uncertain.

## 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 | 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% |
| PALMOIL | 2026-10-01 | [Palm oil prices seen capped by Malaysian stocks despite El Niño outlook, top analyst says \| The Star](https://feedsoft.ai/events/5356-palm-oil-prices-seen-capped-by-malaysian-stocks-despite-el-nino-outlook-top.md) | -5.8% | -3.8% |
| PALMOIL | 2017-04-20 | [Brazilian biodiesel producers look to up their blend](https://feedsoft.ai/events/71379-brazilian-biodiesel-producers-look-to-up-their-blend.md) | +0.8% | +5.0% |
| PALMOIL | 2022-06-02 | [Malaysia Maintains Its Status Quo On Biodiesel](https://feedsoft.ai/events/15812-malaysia-maintains-its-status-quo-on-biodiesel.md) | +1.7% | -11.9% |

## Sources

- thestar.com.my: https://www.thestar.com.my/news/nation/2019/06/14/biodiesel-price-must-be-controlled-says-kok/

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