# Primary industries minister: Special committee formed to monitor B20 biodiesel implementation | Malay Mail

> Malaysia's federal government has formed a special joint committee led by the Primary Industries Ministry to monitor implementation of B20 biodiesel next year. The committee includes the Finance, International Trade and Industry ministries and the Prime Minister's Department, and is also exploring a biodiesel stabilisation fund to contain biofuel prices.

- Date: 2019-06-13 · published 2019-06-13T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/58469-primary-industries-minister-special-committee-formed-to-monitor-b20-biodiesel
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Coordinated oversight of the B20 mandate, due by 2020, supports structural palm oil demand from the biodiesel sector. A stabilisation fund would dampen biofuel price swings when CPO prices rise.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2018-07-10 | [New Malaysian plantations minister challenged to find new markets for palm oil  : The Daily Digest](https://feedsoft.ai/events/63908-new-malaysian-plantations-minister-challenged-to-find-new-markets-for-palm-oil.md) | -3.0% | -4.0% |
| PALMOIL | 2017-12-21 | [Statement by Financial Markets Committee: Updates on the Malaysian Financial Markets - Bank Negara Malaysia](https://feedsoft.ai/events/67745-statement-by-financial-markets-committee-updates-on-the-malaysian-financial.md) | -0.1% | +3.6% |
| PALMOIL | 2023-03-30 | [Plantation Ministry: No plan to regulate price of Malaysian palm oil as govt-controlled product  \| Malay Mail](https://feedsoft.ai/events/36958-plantation-ministry-no-plan-to-regulate-price-of-malaysian-palm-oil-as-govt.md) | -1.1% | -4.0% |
| PALMOIL | 2022-03-02 | [WTO Committee Discusses EU Plans to Combat Deforestation \| International Institute for Sustainable Development](https://feedsoft.ai/events/42299-wto-committee-discusses-eu-plans-to-combat-deforestation-international.md) | -2.6% | -3.6% |
| PALMOIL | 2022-04-28 | [Malaysia able to meet global demand for palm oil following Indonesia’s export ban, says minister \| Malay Mail](https://feedsoft.ai/events/15831-malaysia-able-to-meet-global-demand-for-palm-oil-following-indonesia-s-export.md) | +8.6% | -1.2% |

## Sources

- malaymail.com: https://www.malaymail.com/news/malaysia/2019/06/13/primary-industries-minister-special-committee-formed-to-monitor-b20-biodies/1761809

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