date:Jun 17, 2014
stock option to produce biodiesel. But weaker-than-expected exports raised concerns about slackening demand for the tropical oil, pressuring prices. Exports of Malaysian palm products for June 1-15 fell 7.8 percent to 589,748 tonnes from a month earlier, cargo surveyor Intertek Testing Services said. Another cargo surveyor showed exports fell 8.3 percent for the same period.
Crude oil is very high, certainly it will encourage biodiesel activity, said a trader with a foreign commodities brokera