India's 2025 beef production (mostly carabeef) is forecast to reach 4.64 million metric tons (MMT), up from 4.57 MMT in 2024, on steady domestic and increased export demand. Post forecasts a four percent increase in carabeef exports in 2025 over 2024 due to growth in demand from countries in the Middle East, South East Asia, and Africa. Domestic consumption is expected to remain the same in 2025 as in 2024 at 2.99 MMT. The calf crop is forecast to grow marginally in 2025 to 71.03 million head, while the cattle herd size is forecast to largely remain unchanged at 307.49 million head.
In 2024, Japanese oil refineries have continued supplying ethyl tert-butyl ether (ETBE), which is made from approximately 824 million liters of bioethanol and reflects the annual target volume set by the Government of Japan (GOJ). The GOJ has recently proposed to commercially introduce E10 gasoline by 2030. The future scaling of domestic sustainable aviation fuel (SAF) production, including alcohol-to-jet (ATJ) SAF, is Japan's primary focus for increasing biofuel consumption. To remove operational uncertainties for the private sector, the GOJ is currently developing a separate SAF target volume prior to it being commercially available at scale. Currently, there is no market for biodiesel or renewable diesel due to limited domestic feedstock availability.
Biodiesel production is expected to remain flat in Malaysia at 1.58 billion liters, as the country is likely to remain at a B10 blend rate as B20 and B30 mandate goals have not advanced. Recent proposals for the country's 2025 budget limiting fuel subsidies are projected to decrease consumption slightly in the short term, while a change in the palm oil export tax structure may incentivize more downstream production, such as in biofuels. The country looks towards the further harnessing of local palm products for biofuels with the final investment of a Sustainable Aviation Fuel refinery in the state of Johor and operational plans by 2028. Noting the ample feedstock of palm, there is not a market in Malaysia for fuel ethanol at this time.
In September 2024, a National Assembly member submitted a draft revision of the Act on Transboundary Movements of Living Modified Organisms, commonly referred to as the LMO Act. This draft bill defines organisms derived from genome editing technology that do not use or contain foreign genes in final products as a new category, distinct from Living Modified Organisms (LMOs) and thus not subject to the same requirements mandated by the current LMO Act, including risk assessments.
No comments:
Post a Comment