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The Malaysian Biodiesel Association said that higher biodiesel blends, such as Indonesia's planned B40 and Malaysia's B30, can offset weaker palm oil demand from the EU. It expects palm exports to the EU to fall faster than the pace set by the EU Renewable Energy Directive II.
The comments were made at the POTS Digital 2021 conference.
Stronger domestic biodiesel mandates would absorb palm oil that would otherwise go to Europe, supporting prices despite lower EU demand. This matters for vegetable oil costs used in feed formulation.
europeantimes.newsNewsdesk5 Jan 2021Setelah 548 peristiwa kebijakan bullish sebelumnya, Minyak Sawit bergerak median +0,4% selama 5 sesi (61% lebih tinggi; separuh tengah -0,7% sampai +2,1%), dan +0,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
