If the spread between the selling price of palm methyl ester and the feedstock holds, biodiesel exports should continue at robust pace, says the commodities minister
MALAYSIA has raised its 2008 biodiesel export forecast to 200,000 tonnes, more than double that of last year's 95,013 tonnes.
"Export of biodiesel is picking up in volume and speed. The spread between the selling price of palm methyl ester and the feedstock is allowing biodiesel producers to make some money," said Plantation Industries and Commodities Minister Datuk Peter Chin.
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