date:Mar 07, 2013
n tonnes this year.
Another top analyst, James Fry, posted a more bullish view on biodiesel appetite, saying record high stocks that narrowed Brent crude's premium to palm oil have encouraged much greater use of the edible oil as fuel in local and overseas markets.
If I were Petronas or Pertamina today, I would be rushing to buy local CPO (crude palm oil) to upgrade into biodiesel for blending with diesel, so as to hold down the costs of supplying motorists with their diesel fuel, said Fry, ad