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Thailand approved three-month excise-tax cuts for E20 gasohol and B20 biodiesel, effective Oct. 28 through Jan.
27, to lower fuel costs and support demand for biofuel crops. Motorists and transport operators said the relief may be limited because E20 and B20 are not their preferred fuels; B7 diesel consumption is much higher than B20 consumption.
If the tax cuts meaningfully increase biofuel use, they could support demand for biofuel feedstocks, but low uptake of the discounted fuels may limit that effect. The measures also provide only targeted relief from higher fuel costs.
bangkokpost.comApinya WipatayotinNov 8, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
