04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Malaysian palm oil exports, Jan 1-25, down 17.7% month over month
The drop in crude oil prices has helped reduce demand for palm oils use in the renewable fuels industry. Biodiesel, produced from crude palm oil, has seen demand plummet heading into 2015. According to the Malaysian Palm Oil Board, biodiesel exports fell from a 2013 monthly high in November of 22,753 metric tons to 614 metric tons for December. Crude palm oil shipments are loosely following suit in…