wholesale Biodiesel Production Line Biology derv net on June 22 dispatch: According to Reuter Zhou Yi reports, malaysia government is discussing what B10 biology derv compulsive mix into mixes policy to carry out time remit to with Petroleum Company July, delay a month than deciding time formerly. The government plans to will implement new standard in the round August.
Department of goods of Malaysia plantation trade says, defer executive reason to depend on Petroleum Company needing time to come reset mix into is mixed rate, purchase enough ester of much palmy acid armour (PME) . In Malaysia, the raw material of biology fuel is palm oil.
Malaysia is the whole world the 2nd old palm oil produces a country, be next to Indonesian.
Malaysia government in the past time ever showed, mix the biology derv mix into that begins a carriage trade from June rate from current 7% rise 10% , the biology derv mix into of industrial industry is mixed rate also will rise 7% .
New bid brigadier uses up more palm oil to supply, form support to price of domestic palm oil. New bid brigadier makes dosage of domestic palm oil is added from 500 thousand current tons reach 709 thousand tons.
Malaysia plantation industry and commodity department say, the executive need that B10 and mix into of B7 biology derv mix policy is all of Petroleum Company coordinate and cooperate, include the company such as card of Petronas, carapace, Xue Folong, Petron and BHP among them.
Malaysia plantation industry and commodity department say, current plant can handle the mix into that is as high as 10% to mix rate, because infrastructure is when the design,had mixed considering biology derv mix into upgrade. Petroleum Company needs to be set afresh only make B10 and B7.
The construction that mix into mixes a factory carries Malaysia palm oil by the government bureau bankroll.
Company of palm oil trafficker, plantation and analyst ever oppugned mix into of fuel of governmental B10 biology to mix the feasibility of policy in the past, because crude price is low,confuse, executive strength is fragile, limit the executive efficiency of biology fuel policy.
Malaysia plantation industry and commodity department say, malaysia has plant of 18 biology fuel, produce per year can be 2.3 million tons. Biology derv mix into mixes a project to will conduce to price of stable palm oil, the government also will consider other measure to support the price, accelerate oil palm rebroadcast for instance.
This month up to now, price of futures of Malaysia wool palm oil has dropped more than 7% , because export demand is fatigued and weak, future crop of palm oil of a few months may be seasonal grow, cause inventory to increase.