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Biodiesel takes a hit as palm oil prices return to a premium over diesel

May 12, 2015 |

In Malaysia, biodiesel has taken another hit as palm oil prices increased and weighed on demand for using the oil as biofuel feedstock. The CPO/fossil diesel spread has moved back into positive numbers at nearly $8.50 per metric ton. With diesel prices cheaper than palm oil, demand drops for blending biodiesel.

Category: Fuels

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