Area
Thailand
Commodity Group
Oilseeds, oils and meals
Commodity
Palm oil
Date
01/01/2020
Policy Category
Trade
Policy Instrument
Import policy
Description
Considered measures aimed at halting illegal imports of palm oil for use as biodiesel feedstock, reckoning that smuggling was adversely impacting the domestic market.
Notes
THAILAND import policy: Reportedly, the Government of Thailand plans to implement a set of measures aimed at halting illegal imports of palm oil for use as biodiesel feedstock. Smuggling is reckoned to strongly affect domestic prices. Planned measures include i) the use of advanced scientific and statistical tools to determine the origin of palm oil stocked across the country, and ii) the installation of gauges on storage tanks of biodiesel manufacturers.
