# Malaysia’s biodiesel output, exports set to hit records  | The Star

> The Malaysian Biodiesel Association expects record biodiesel output of up to 900,000 tonnes and exports of 475,000 tonnes in 2018, roughly double 2017 exports. Output could reach 1.2 million tonnes in 2019 if a planned biodiesel mandate increase to 10% proceeds.

- Date: 2018-10-16 · published 2018-10-16T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/62407-malaysia-s-biodiesel-output-exports-set-to-hit-records-the-star
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher biodiesel demand pulls palm oil away from food and export uses, supporting palm oil prices while the palm-gasoil spread stays wide.

## Read by commodity

- WTI: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2019-07-26 | [Malaysia 2019 biodiesel output, exports seen at record highs](https://feedsoft.ai/events/57979-malaysia-2019-biodiesel-output-exports-seen-at-record-highs.md) | +3.4% | +8.5% |
| PALMOIL | 2017-03-07 | [Malaysia’s biodiesel production to rebound this year \| The Star](https://feedsoft.ai/events/71877-malaysia-s-biodiesel-production-to-rebound-this-year-the-star.md) | -4.1% | -7.2% |
| PALMOIL | 2020-02-03 | [Indonesia biodiesel group says more capacity in 2020 could help exports \| The Star](https://feedsoft.ai/events/54502-indonesia-biodiesel-group-says-more-capacity-in-2020-could-help-exports-the-star.md) | -5.6% | -23.1% |
| 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 | 2018-05-24 | [Indonesia plans to roll out 25pct biodiesel rule from 2019 \| The Star](https://feedsoft.ai/events/64888-indonesia-plans-to-roll-out-25pct-biodiesel-rule-from-2019-the-star.md) | -0.4% | -5.4% |
| WTI | 2017-07-19 | [Malaysia to export excess biodiesel products - The Malaysian Reserve](https://feedsoft.ai/events/69838-malaysia-to-export-excess-biodiesel-products-the-malaysian-reserve.md) | +3.0% | +2.5% |
| WTI | 2017-03-08 | [Malaysian Biodiesel Association - Higher biodiesel production](https://feedsoft.ai/events/71876-malaysian-biodiesel-association-higher-biodiesel-production.md) | -10.3% | -3.5% |
| WTI | 2018-11-27 | [Malaysia’s biodiesel plan faces uphill struggle as crude slumps](https://feedsoft.ai/events/61911-malaysia-s-biodiesel-plan-faces-uphill-struggle-as-crude-slumps.md) | +2.8% | -13.8% |

## Sources

- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/10/17/malaysia-biodiesel-output-exports-set-to-hit-records/
- thestar.com.my: https://www.thestar.com.my/business/business-news/2018/10/18/biodiesel-output-to-hit-record/

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