date:Feb 25, 2014
at 45,780 lots of 25 tonnes, above the usual 35,000 lots.
Higher crude oil prices would boost demand for palm oil as an alternative feedstock to produce biofuels. Crude palm oil is being increasingly used as a green additive to fossil fuels as it can cut costs and cut environmentally damaging emissions. There's a strong push from the soft oils and energy markets, said another Kuala Lumpur-based trader with a foreign commodities brokerage. The energy market has been very supportive to palm ...