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Biofuelsimon
2nd January 2008, 09:21 PM
(automatically updated/inserted from The Big Biofuels Blog)


Asian Biodiesel production economics are likely to remain tight in 2008 (http://www.icis.com/Articles/2008/01/02/9088865/OUTLOOK-08-Asia-biodiesel-will-watch-feedstock.html) unless the local governments decide to start subsidising their production, according to an article by my colleague Anu Agarwal, writing in ICIS News. (Disclosure: I work for ICIS: About ICIS (http://www.icis.com/StaticPages/AboutUs.htm)) Anu's piece is interesting because it implies that there is so much demand for palm oil in local markets that these markets are making the alternative use for palm oil -- biodisel -- uneconomic as Anu says
CPO prices have risen 52% since March this year while palm biodiesel prices rose only 28% Which makes me wonder what effects Quotas for biofuels will have on the price of gas (raising gasoline prices may not be a bad thing if it leads to more efficient vehicles) and food, which probably would be a bad thing for urban societies.

More (from The Big Biofuels Blog)... (http://www.icis.com/blogs/biofuels/archives/2008/01/asian-biodiesel-production-eco.html)