date:Feb 13, 2019
the price of biofuels, a similar mechanism to the export levy fund imposed by fellow palm oil producer Indonesia.
What if the palm oil price is high and the diesel price has gone up a lot? That would be costly for the public to use biodiesel, so we need to stabilise the price, so biofuel will be more attractive to consumers, Kok said.
I have suggested (a stabilisation fund) in cabinet meeting before but we still need to have deeper discussion with other ministries.
Top palm producer and expor