Fri, 07 Feb 2020 22:00:57 +0000

Increasing biodiesel consumption due to the rollout of B20 biodiesel programme in Malaysia and B30 programme in Indonesia coupled with low production of palm oil will tighten its supply. Top importers like India and China will counterbalance this gap by switching to soybean oil and sunflower oil. This trade shift will result in increased tonne-mile …

 

Full article: https://www.hellenicshippingnews.com/palm-oil-supply-crunch-compels-india-and-china-to-increase-soybean-and-sunflower-oils-imports/