(EnergyAsia, March 11) — Global demand for bio fuels and biodiesel especially from Europe could push palm oil prices past the RM1,550 per tonne level this year, said chief executive of Malaysian Palm Oil Association (MPOA), M.R. Chandran. (US$1=RM3.8). “Bio-fuel could increase local consumption. Even before the setting of the Biofuel Act, there are many…
MALAYSIA: Demand for biofuels, biodiesel demand could push palm oil prices to new high
Posted on March 11, 2005 by EnergyAsia