# Asian Truck News and Magazines - Green Fuel for Cleaner Tomorrow

> Southeast Asian biodiesel output has grown quickly, with Malaysia expected to produce 900,000 tonnes in 2017 and Indonesia around 3.5 million tonnes. Malaysian biodiesel plants run under 25% utilisation at current oil prices, and an industry official says Indonesia's B20 mandate adds roughly 3 million tonnes of demand.

- Date: 2017-07-10 · published 2017-07-10T12:00:00.000Z
- Category: policy · region Southeast Asia · magnitude low
- Page: https://feedsoft.ai/events/69837-asian-truck-news-and-magazines-green-fuel-for-cleaner-tomorrow
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Biodiesel mandates are a major palm oil demand driver, but low utilisation and weak crude prices limit the pull on palm oil supply.

## Read by commodity

- WTI: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-03-27 | [Making It Visible – A New Era For Sustainable Palm Oil \| ESM Magazine](https://feedsoft.ai/events/36904-making-it-visible-a-new-era-for-sustainable-palm-oil-esm-magazine.md) | +1.1% | -1.9% |
| PALMOIL | 2026-01-25 | [Palm Oil Magazine - RHB Revises 2026 CPO Forecast After Indonesia Raises Export Tax to 12.5% - Palm Oil Magazine](https://feedsoft.ai/events/15503-palm-oil-magazine-rhb-revises-2026-cpo-forecast-after-indonesia-raises-export.md) | +1.0% | +3.8% |
| PALMOIL | 2022-06-28 | [Council agrees on new rules to drive down deforestation and forest degradation globally](https://feedsoft.ai/events/40965-council-agrees-on-new-rules-to-drive-down-deforestation-and-forest-degradation.md) | -24.1% | -29.6% |
| PALMOIL | 2023-08-08 | [Indonesia, Malaysia and EU form task force to negotiate palm oil trade under EUDR \| S&P Global](https://feedsoft.ai/events/15713-indonesia-malaysia-and-eu-form-task-force-to-negotiate-palm-oil-trade-under.md) | -2.3% | +0.9% |
| PALMOIL | 2022-07-26 | [China invests RM6b for hydro treated vegetable oil and sustainable aviation fuel in Malaysia](https://feedsoft.ai/events/15809-china-invests-rm6b-for-hydro-treated-vegetable-oil-and-sustainable-aviation.md) | +4.3% | +4.6% |
| WTI | 2018-10-29 | [Airlines, trucking industry face sharp rise in fuel prices \| CBC News](https://feedsoft.ai/events/62737-airlines-trucking-industry-face-sharp-rise-in-fuel-prices-cbc-news.md) | -6.6% | -23.8% |
| WTI | 2022-05-05 | [OPEC+ opens oil taps gradually as Russian war roils markets \| AP News](https://feedsoft.ai/events/41318-opec-opens-oil-taps-gradually-as-russian-war-roils-markets-ap-news.md) | -2.1% | +8.4% |
| WTI | 2026-10-04 | [Major oil exporters agree to keep production steady \| AP News](https://feedsoft.ai/events/17057-major-oil-exporters-agree-to-keep-production-steady-ap-news.md) | +0.8% | +8.4% |

## Sources

- asiantrucker.com: https://asiantrucker.com/trucker-news2/news-archive/news-archives-thailand/news-thailand-2017/2017-07-10

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