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Biodiesel Price Trend and Forecast
ChemAnalyst
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REPORTDate: 2022. 12. 29.
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Category: news & politics
During the third Quarter of 2022, Biodiesel Price witnessed dwindling market dynamics owing to the fluctuating demand outlook. As per market players, palm oil prices fell in July and August as the demand from downstream biodiesel production remained low, impacting the prices of Biodiesel in the domestic market. However, in September, the importing prices of feedstock palm oil from major producing countries, such as Indonesia, and Malaysia, were soft, proportionally impacting the production cost.
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