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biofuels

Latest news updates related to biofuels.

E10 gasoline will replace RON 95-III from June 1st: The Petroleum Association affirms its safety for engines.

From June 1st, E10 bioethanol fuel will completely replace RON 95-III on the market. The VINPA chairman affirmed that this type of fuel does not harm engines if the vehicle is properly maintained...

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E10 gasoline will officially replace RON95 gasoline from June 1, 2026.

From June 1st, 2026, Vietnam will officially distribute E10 bioethanol fuel nationwide, replacing RON95 gasoline, marking a significant step in its green energy roadmap.
Vietnam's E10 gasoline blending capacity has exceeded 1.1 million cubic meters per month.

The Ministry of Industry and Trade affirms that the infrastructure and ethanol supply system basically meet the biofuel roadmap, with the blending capacity of enterprises reaching 1,178,600 m3.

Sugar and corn prices surged simultaneously, pushing the MXV-Index to a nine-session winning streak.

Global commodity markets are buoyant as high oil prices boost demand for biofuels. Raw sugar prices rose nearly 4% while corn prices reached a one-month high...
Soybean oil prices are near a three-year high due to demand for biofuel blending.

Soybean oil prices in Chicago rose 3.4%, nearing their highest level in three years. The raw material, used in the production of biofuels and in food, is seeing an upward trend...
Prime Minister: The roadmap for switching to E10 gasoline should be implemented soon, starting in April 2026.

Prime Minister Pham Minh Chinh has just signed a directive on strengthening energy conservation, promoting energy transition, and developing electric transport.
The EU reduced palm oil imports to 1.9 million tons, with Indonesia remaining the leading supplier.

From July 2025 to early March 2026, EU palm oil imports are expected to fall to 1.9 million tonnes amid tighter regulations on biofuels.

The sharp drop in fuel prices and the national energy diversification strategy.
March 14, 2026 06:29

Starting from the price adjustment on March 11, 2026, gasoline and diesel prices will drop sharply across the board as Vietnam accelerates its roadmap for using biofuels and invests $20.5 billion in a petrochemical refining center.
Malaysian palm oil prices rose for the second consecutive session, reaching 4,591 ringgit per ton.
March 13, 2026 10:00

Palm oil futures prices in Malaysia maintained their upward momentum, supported by rising crude oil prices, a weaker ringgit, and expectations of demand for Indonesia's B50 biofuel.
Malaysian palm oil prices rose for the second consecutive session, reaching 4,591 ringgit per ton.
March 13, 2026 07:30

Palm oil futures prices in Malaysia rose more than 2% due to a rebound in the global vegetable oil market, a weakening ringgit, and expectations of demand from biofuels.
The price of RON 95 gasoline decreased by nearly 4,000 VND per liter from the price adjustment on March 11, 2026.
March 12, 2026 09:31

The Ministry of Industry and Trade and the Ministry of Finance have significantly reduced gasoline and diesel prices, while simultaneously implementing a strategy to diversify bioenergy sources to ensure national security.
Palm oil prices surged to their highest level in three years, reaching 4,774 ringgit per ton, driven by soaring crude oil prices.
March 10, 2026 08:32

Palm oil prices in Malaysia rose more than 9% in early trading this week, marking a record increase since 2021, driven by positive prospects for demand for biofuels and crude oil.
Soybean prices hit a three-month high of $11.65 per bushel on expectations of demand from China.
March 1, 2026 13:30

Soybean prices on the Chicago exchange rose to their highest level since November on expectations of US biofuel blending quotas and buying signals from China.
Encouraging consumers to actively embrace the use of biofuels.
February 28, 2026 08:23

The Government Office has just issued document No. 1723/VPCP-CN dated February 27, 2026, conveying the directives of Deputy Prime Minister Bui Thanh Son on the implementation of the roadmap for the production, blending, and use of fuel...
Malaysian palm oil prices fell to 4,045 ringgit/tonne on February 12.
February 14, 2026 06:02

The strengthening ringgit, coupled with Indonesia's move to halt its biofuel expansion, put pressure on palm oil prices, causing Malaysian futures contracts to fall 0.39%.
Palm oil prices fell to 4,045 Ringgit as Indonesia paused its biofuel expansion.
February 12, 2026 14:32

The vegetable oil market is under downward pressure as the Ringgit strengthens and Indonesia shifts its focus to biofuels, while Malaysian palm oil exports fall by more than 10%.

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