The Malaysian government recently launched a feasibility study on the use of B50 diesel fuel, which incorporates a 50% blend of bio-based material. With a view to introduce the use of B50, the government will check the required quantities of bio-based material and blending facilities, as well as the impact on palm oil exports and international market prices. Malaysia has just started promoting the use of B15 diesel fuel, a 15% blend of palm oil-based methyl ester, since June. Currently, B10 diesel, a 10% blend, is commonly available in the domestic market.

　 Prices for petroleum-derived fuels are soaring due to geopolitical instability in the Middle East, straining household budgets and national finances. Malaysia, the world's second-largest palm oil producer, is committed to improving its public finances and strengthening energy security by leveraging its domestic resources. The government had originally targeted to introduce B30 by 2030. Based on the results of this study, it aims to prepare the infrastructure and accelerate the timing of increasing the bio-based material blending ratio. The crude palm oil futures market (FCPO), operated by Bursa Malaysia Derivatives (BMD) under the Malaysia Stock Exchange, serves as an international benchmark for palm oil futures.