As could be expected during the
Coronavirus pandemic, many industries, including the biofuels industry, have been
disrupted. Used cooking oil (UCO) markets in Europe are expected to struggle in
the coming months. Collection is an integral part of the process, and the
current restrictions widespread across Europe makes collection of UCO difficult,
although it is likely that larger companies won’t be hit as hard. Chinese UCO
has already been through a rough patch, what with their peak in the pandemic
earlier in the year, but now that it sweeps across the rest of the world
exports are unlikely to find the demand. The palm oil market too is struggling,
with prices having fallen nearly 3% in Malaysia, in part as a result of
domestic stocks but export demand has slowed. The Malaysian government too has
decided to postpone the rolling out of B20, which won’t be doing any favours
for the current biofuel market.
Also suffering price
cuts and reduced demand is.........
Other news this month includes:
- US coronavirus relief falls short for biofuels industry
- Brazil ethanol support dependant on banks
- Palm oil price response to Covid-19
- Malaysian palm oil difficulties
- Shell commits to net-zero in 30 years
- Soybean demand increase predicted
- Rapeseed doing well despite Coronavirus
Research and Development
- Synthetic palm oil brewed like beer
- Agave – tequila and biofuels?
- Biofuels towards cost parity with petroleum
- Panda digestion key to biofuel production?
- US biofuel jobs on the increase
- Ethanol production falls to 6 year low in US
- Bioethanol to santiser expansion
- Used cooking oil supplies hit
- RNG for US distributor fleet