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Biodiesel production is expected to remain flat in Malaysia at 1.58 billion liters, as the country is likely to remain at a B10 blend rate as B20 and B30 mandate goals have not advanced.
In 2024, Japanese oil refineries have continued supplying ethyl tert-butyl ether (ETBE), which is made from approximately 824 million liters of bioethanol and reflects the annual target volume set by the Government of Japan (GOJ).
In 2023, the value of U.S. tall oil exports to Finland and Sweden rose to nearly a quarter of a billion dollars. This is mainly due to a surge of the price of tall oil as the demand as feedstock for the production of advanced biofuels is increasing while the availability is limited.
Government grain support policies will continue to expand, but resource constraints will hinder future Chinese grain production.
Post forecasts Brazil's 2013/14 soybean production at a record 85 million metric tons.
U.S. grains have seen mixed results in the Colombian market following enactment of the U.S.-Colombia Trade Promotion Agreement.