The Palm Scribe

Indonesia to boost exports, Malaysia may lose market share

The Jakarta Post, 20 April 2018
After legal proceedings at the European Court of Justice, the EU last month removed duties on biodiesel imports for 13 Indonesia and Argentine producers that had been in place since 2013. The move is set to be a boon for Indonesia, but is expected to hit Malaysian exporters hard as they lose market share due to higher costs in their smaller-scale biodiesel industry. Prices of Malaysian palm methyl ester (bio component of biodiesel that comes from palm oil), traded at $747 a tonne on Thursday (April 19), versus $711 in Indonesia, according to a trader. Indonesia Biofuels Producer Association (Aprobi) MP Tumanggor expected Indonesia to ship around 432,000 tonnes of biodiesel to EU this year, up from virtually nothing in 2017.

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