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Saturday, April 21, 2007
Palm oil boon may well be biodiesel bane
Palm oil boon may well be biodiesel bane
By Zaidi Isham Ismail
April 19 2007, Business Times, Malaysia
Malaysia's crude palm oil (CPO) prices have soared to record levels, but, ironically, may also hurt another equally lucrative and rejuvenated sector - palm oil-based biodiesel.
This is because CPO, the main raw material needed to make biodiesel, is set to become more expensive than the selling price of biodiesel, says this report.
Read the full news report here @ Business Times, Malaysia
By Zaidi Isham Ismail
April 19 2007, Business Times, Malaysia
Malaysia's crude palm oil (CPO) prices have soared to record levels, but, ironically, may also hurt another equally lucrative and rejuvenated sector - palm oil-based biodiesel.
This is because CPO, the main raw material needed to make biodiesel, is set to become more expensive than the selling price of biodiesel, says this report.
Read the full news report here @ Business Times, Malaysia
Labels: economics
PermaLink - Palm oil boon may well be biodiesel bane posted by Ecacofonix : 1:44 AM
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