Vegetable Fats & Oils

Vegetable Fats & Oils

 

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…

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