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KUALA LUMPUR, June 8, 2015:Malaysia, the world’s second-largest palm grower plans to raise its biodiesel mandate to 10% by October this year, from 7% currently, a senior government official said today. The B10 programme is expected to soak up one million tonnes of crude palm oil a year, Malaysia’s plantation industries and Commodities minister Douglas Uggah Embas told reporters at a planters conference in Kuala Lumpur. “The meetings with stakeholders will be completed by end-June,” Embas said. The B10, which mandates a minimum 10% of bio content in diesel, may lend support to palm oil prices that are currently at RM2,344 per tonnne.  

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