Markets and trade
 

Detail

Area
Thailand
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/11/2019
Policy Category
Renewable energy
Policy Instrument
Biofuel policy
Description
Announced the shift, on 1 January 2020, in mandatory biodiesel blending from B7 to B10 (i.e. transport diesel including, respectively, 7 percent and 10 percent of palm oil-based diesel). The move was aimed at stabilizing domestic palm oil prices, reducing airborne dust emissions, and reducing the country’s mineral oil imports. Domestic biodiesel sales would continue to benefit from subsidies.
Notes
THAILAND – biofuel policy: As a result of the shift in mandatory blending from B7 to B10 (i.e. transport diesel with a bio-content of, respectively, 7 percent and 10 percent) in January 2020, the country’s biodiesel industry is expected to absorb 2.2 million tonnes of palm oil – or two thirds of domestic production – annually. Besides helping to stabilize palm oil prices, the Government’s biofuel policy is expected to reduce airborne dust emissions and help the country save on mineral oil imports. Official sources confirmed that domestic sales of B10 and B20 would be subsidized (see also MPPU July’19).