Markets and Trade
AreaMalaysia
Commodity GroupBiofuels
CommodityBiodiesel
Date01/01/2021
Policy CategoryRenewable energy
Policy InstrumentBioenergy policies
DescriptionAnnounced that the nationwide rollout of the B20 biodiesel mandate (which requires the blending of regular transport diesel with 20 percent of palm oil-based diesel) would be postponed from mid-2021 to early 2022, due to economic difficulties caused by the COVID-19 crisis.
NotesMALAYSIA – biodiesel policy: In January, the Government announced that, given the economic difficulties caused by the COVID-19 pandemic, the nationwide roll-out of its B20 biodiesel mandate (which requires the blending of regular transport diesel with 20 percent of palm oil-based diesel) would be postponed from mid-2021 to early 2022 (see also MPPU Nov.’20). Meanwhile, the recent surge in palm oil prices led to a widening in the oil’s premium over mineral oil prices, reducing the competitiveness of palm oil as biodiesel feedstock.