Producers to raise biodiesel exports on global price rally

shompa's picture

After a 20 per cent rally in crude oil prices from November, biodiesel prices have also started rising globally. Biodiesel prices in Europe rose over 15 per cent, owing to a revival in demand. Indian producers, who mainly rely on export markets in Europe and the United States, are planning to increase exports.

Biodiesel shipments currently fetch exporters around $1,150-$1,200 a tonne.

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http://www.business-standard.com/india/news/producers-to-raise-biodiesel-exportsglobal-price-rally/423119/
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Publication Date: 
27/01/2011