PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 10 Oct 2024

Total Views: 98
OILS & FATS
Oil palm farmers to press energy minister on B100 price issue
calendar09-09-2024 | linkThe Nation | Share This Post:

08/09/2024 (The Nation) - Representatives of oil-palm farmers will meet with Energy Minister Pirapan Salirathavibhaga on Monday to ask him to rescind his order that prohibits announcement of the reference price of 100% biodiesel.

The representatives of oil-palm farmers and makers of B100, or 100% biodiesel, cried foul after the energy minister recently ordered the Energy Policy and Planning Office (EPPO) not to publish its B100 reference price on any public channel.

The representatives alleged that non-disclosure of the B100 reference price would allow major oil distributors to buy B100 from makers at lower prices, while the B100 makers would have no choice but to buy oil-palm fruits from farmers at lower prices. Oil distributors buy B100 oil to mix with refined diesel to make biodiesel for sale at petrol stations.

The representatives noted that the national palm oil policy committee resolved on June 7 to have the EPPO set a B100 reference price for oil distributors to comply with. The resolution was endorsed by the Cabinet on July 2 as a measure to help oil-palm farmers sell their fruits at higher prices.

The representatives said they would submit a demand to the energy minister, the permanent secretary for the Energy Ministry, and the EPPO director general on Monday to cancel the non-disclosure of the B100 reference price.

If their demand is not met, they would file a complaint with the National Anti-Corruption Commission, accusing the three of malfeasance.

https://www.nationthailand.com/news/general/40041294