皇冠管理端登3网站(www.99cx.vip):Indonesia plans to implement B35 biodiesel soon

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The world’s biggest palm oil producer currently has a mandatory 30% blend of palm oil-based fuel in its biodiesel and the government has been looking at raising it to 35% or 40% to support the price of local palm oil fruits.

JAKARTA: Indonesia aims to implement a 35% palm oil mix in biodiesel, known as B35, by the end of the month to help absorb excess palm oil supply, says senior energy ministry official Dadan Kusdiana.

The world’s biggest palm oil producer currently has a mandatory 30% blend of palm oil-based fuel in its biodiesel and the government has been looking at raising it to 35% or 40% to support the price of local palm oil fruits.

The country is struggling to cut palm oil inventories after a three-week export ban ending in May aimed at controlling domestic cooking oil prices had boosted stocks and weighed on palm fruit prices amid the peak harvest season.

CNBC Indonesia cited Dadan as saying yesterday that B35 should be brought in by the end of the month.

“That is the plan,” Dadan said in a message to Reuters, without elaborating.

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Dadan also told CNBC Indonesia that the ministry had run laboratory testing for biodiesel containing up to 40% of palm oil fuel in biodiesel (B40).

“We will run a road test for B40. For now, B35 would be implemented,” Dadan was quoted as saying.

Senior cabinet minister Luhut Pandjaitan on Thursday said authorities needed to make extra efforts to cut inventories and that an additional 2.5 million tonnes of palm oil could be absorbed if Indonesia implemented B40.

Indonesia’s palm oil stocks had climbed to 6.2 million tonnes following the ban, the chairman of industry group Indonesia Palm Oil Board Sahat Sinaga said. — Reuters


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网友评论

  • 2022-07-16 00:37:07

    CPO prices have been on a downward trend, falling from RM6,753.50 a tonne on June 7 to RM5,046 a tonne on June 22, a slide of 25.3%.一股清流啊

  • 2022-08-14 16:26:06

    由于任乐天的英语好,曾在扬子江船业集团担任翻译,之后担任车间主任和项目指挥,并到集团不同子公司担任管理层,直到2015年5月1日才正式升为集团首席执行官。谁加我呀