BIODIESEL MARKET IN MALAYSIA Prepared by Malaysian Palm
BIODIESEL MARKET IN MALAYSIA Prepared by Malaysian Palm Oil Board (MPOB)
Export Volume & Value in 2019 RM Mil. 1, 650 1, 600 1, 550 1, 500 1, 450 1, 400 1, 350 1, 300 Export Volume (T) Export Value (RM Mil. ) 2018 515, 467 1, 433. 69 2019 609, 777 1, 603. 71 Export Destination in 2019 Tonnes 620, 000 600, 000 580, 000 560, 000 540, 000 520, 000 500, 000 480, 000 460, 000 Biodiesel sector at a quick glance Factors Influence Market Government Approaches to Strengthen Market Domestic Market • Global price of Brent crude oil • Local price of palm oil feedstock • Biodiesel demand from importing countries • Energy directive in importing countries • Implementation of national biodiesel programme for transport and industrial sectors Export Market Domestic Market • Government mandate • Marketing and promotion • Lobbying the EU Parliament • Government negotiation • Memorandum of Understanding
Government mandate. . Increasing local biodiesel consumption through expanding national mandate. . Biodiesel programme for transport sector B 20 programme (In stages January 2020) B 7 programme (end 2014) B 5 programme (2011) Biodiesel programme for industrial sector B 7 programme (July 2019) B 10 programme (end 2018) § B 20 programme has been implemented began with Langkawi and Labuan, effective January 2020. § Sarawak will follow suit by May 2020, and Sabah by September 2020; of which 70% of B 20 supplies will be made available. § Whole Peninsular Malaysia is expected to take effect by middle 2021. Nationwide B 20 programme for transport and B 7 programme for industrial sectors would involve biodiesel consumption close to 1. 3 million tonnes per year
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