Why did biodiesel exports decline despite overall palm oil growth?

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Biodiesel Exports Declined in July Despite Overall Palm Oil Sector Growth

Malaysia's biodiesel exports saw a notable decrease of 28.86 per cent month-on-month in July, falling to 10,345 tonnes from 14,542 tonnes in June. This decline occurred even as other palm oil-related exports, such as crude palm oil and oleochemicals, experienced significant increases during the same period.
Decline in Biodiesel Export Volumes

In July, the volume of biodiesel exported from Malaysia dropped substantially compared to the previous month. While overall palm oil exports surged by 39.92 per cent to 1.69 million tonnes, biodiesel shipments contracted by 28.86 per cent. This specific segment of the palm oil industry experienced a downturn in its international trade performance.
Contrasting Performance with Other Palm Oil Products

The reduction in biodiesel exports stands in contrast to the robust performance of other palm oil products. For instance, oleochemical exports rose by 24.91 per cent month-on-month in July, reaching 270,073 tonnes. Similarly, palm kernel oil exports increased by 18.94 per cent to 109,908 tonnes, and palm kernel cake exports saw a modest rise of 1.85 per cent.
Overall Palm Oil Sector Performance

Despite the dip in biodiesel exports, the broader Malaysian palm oil sector demonstrated strong growth in July. Total palm oil exports saw a significant increase, driven by higher demand for the commodity. This overall positive trend in the sector highlights the specific challenges faced by the biodiesel segment during that month.

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Why did biodiesel exports decline despite overall palm oil growth?

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