Price

In Malaysia, pure biodiesel is primarily supplied to oil marketing companies. The price of biodiesel is significantly impacted by the prices of crude and refined, bleached, and deodorized palm oil (RBD palm oil). The main differentiator between producers is typically the transportation cost and the producer’s profit margin. As of January 31, 2024, the price of crude palm oil (CPO) stood at MYR 3,842.00 (USD 804.78) per tonne.