Malaysia’s exports of palm-based biodiesel are set to decline this year to the lowest in five years, the Malaysian Biodiesel Association (MBA) said on Thursday, as a result of European Union rules.
Biodiesel exports from Malaysia are seen falling to 250,000 tonnes from 300,000 tonnes a year ago, MBA president U.R. Unnithan said in a conference.
Production is pegged to rise to 1.2 million tonnes from one million tonnes in 2021, he added.
Source: Reuters (Reporting by Mei Mei Chu; Editing by Martin Petty)