Thailand reduces E20 and B20 fuel prices

Thailand has implemented price reductions for E20 gasohol and B20 diesel, effective October 28. The price cuts follow a Thai government cabinet decision to reduce excise taxes on these specific biofuels.

E20 gasohol prices have decreased by 2.19 baht per liter to 33.50 baht, while B20 diesel has seen a reduction of 3.69 baht per liter, also settling at 33.50 baht. Other fuel types, including Gasohol 91, Gasohol 95, and standard diesel, remain at their previous prices.

The government aims to alleviate the financial burden on households and transport operators while promoting the use of biofuels. This policy is also intended to support farmers by increasing demand for raw materials such as sugarcane, cassava, and palm oil used in biofuel production.