Tag

Malaysia

Total 1 items
ResearchIndustry Insight2026-10-31

Indo-Malay Biodiesel Displaces Diesel Demand, Import Gap Widens to 585 kb/d

Indonesia + Malaysia imported 737 kb/d crude in Aug 2026 but processed 953 kb/d — a 114 kb/d gap reflecting diesel displacement by biodiesel mandates. With Singapore not reporting refinery intake, regional diesel import rigidity is weaker than headline totals. Diesel procurement window tightening; traders must price for accelerating B5/B10 policy-driven substitution.