Demand for Malaysian palm oil on the rise

August 20, 2013 |

In Malaysia, increased demand for biodiesel saw stockpiles rise by only 1% in July despite 18% more production, month-on-month. July production hit 1.675 million tons. Local demand for palm oil increased by 289,900 tons, well above the 258,000 extra tons produced during the month. Increased demand from India and China saw higher exports, with 166,000 tons and 304,000 tons export to the respective markets.

Category: Fuels

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