Mr. Weerapat Kiatfuengfu Director of the Office of Energy Policy and Planning (NEPA) revealed the Thai biofuel price situation It was found that the price of biodiesel The average reference price between April 29 – May 5, 2024 is 36.89 baht per liter, going down from the previous week by 1.05 baht per liter from the oil palm fruit price setting as of 22 – 26 April 2024, on average at 33.40 baht per kilogram. Currently, the price of Malaysian crude palm oil is the average price of 33.40 baht per kilogram. A decrease from the previous week by 1.14 baht per kilogram. As for crude palm oil stocks at the end of February 2024, it was 241,270 tons, a decrease of 22,820 tons from the previous month, with B100 stocks at 60.24 million liters, a decrease of 2.05 million liters from the previous month.
The EPPO has also been following the price situation of liquefied natural gas in the spot market or Spot LNG during the period 16-15 April 2024. It was found that the average price of Spot LNG this week. An increase from the previous week by 0.764 USD/million BTU. The highest value of the BTU sector was 10.71 Euro This is because the total production capacity of the USA was down more than 11% compared to the previous week. Because the Freeport LNG Train 3 project has had to be closed for repairs since the middle of last week. Including the Corpus Christi project, the Sabine Pass project, and the Cameron LNG project, some of their production processes were also shut down, the market is worried about the possibility of another large-scale Russian attack on Ukraine. They targeted energy infrastructure such as the power grid and the Trypilska power plant (1.8 GW) and two underground gas storage facilities.
For the natural gas situation, it was found that the price of natural gas (Pool) in February 2024 decreased from the previous month by 1.1806 baht / million BTU. The highest value of the BTU sector was 8.756 Euro This is because the LNG reserves of countries in North Asia and Europe are high enough to meet demand Currently, the selling price of gas natural for vehicles (NGV) in Thailand (stations within a radius of 50 km from the parent station) from. From 16 April – 15 May 2024 for personal cars it is 18.66 baht/kg, taxis are 14.62 baht/kg, public buses are 14.62 baht/kg and for substations farthest from the parent station. (not including Regional Administrative Agency maintenance fee) at 22.66 baht/kilogram
The volume of NGV gas sales in Thailand as of February 29, 2024 is 3,007 tons per day (or approximately 124.21 million cubic feet per day). 284 pipeline stations However, the EPPO will keep a close eye on the energy price situation. So that prices reflect the current situation and are fair to each sector.
By InfoQuest News Group (03 May 2024)
Tags: LNG, NGV, liquefied natural gas, crude palm oil, the price of oil, Weerapat Kiatfuengfuang, Publisher, Bio-diesel
2024-05-03 05:05:02
#Thai #biodiesel #prices #drop #bahtlitre #crude #palm #price #guidance #InfoQuest
