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.
Palm oil exports are slightly stronger than market expectations, which appear to be helping to buoy prices in an increasingly bearish environment. Malaysia’s exports have been firm during April. Demand for RBD palm olein remains very strong and increased by 111,465 metric tons from April 20th and is 57% stronger month over month. Crude palm oil demand remains weak and only increased by…