# Low Malaysian palm oil prices see biodiesel hit biggest discount in four years  : The Daily Digest

> Bloomberg reports that surplus palm oil supplies pushed the discount of palm-based biodiesel to fossil diesel to $124 per metric ton, the widest since 2014. The gap narrowed to $107 by the following Monday, and exports could reach 380,000 tons this year.

- Date: 2018-07-17 · published 2018-07-17T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/63909-low-malaysian-palm-oil-prices-see-biodiesel-hit-biggest-discount-in-four-years
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A discount above $100 typically triggers discretionary blending, which supports palm oil demand and may limit further price declines. Surplus stocks still weigh on prices in the near term.

## Read by commodity

- PALMOIL: bearish ▼

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/low-malaysian-palm-oil-prices-see-biodiesel-hit-biggest-discount-in-four-years/

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