Veysel Kaya, a representative of Ankara, Turkey-based consultancy and brokerage of oilseeds Sunseedman, said this normalisation signaled a recovery in economies and incomes, as well as stronger petrol prices that would lead to more biodiesel demand and hence improvement in imports of palm oil
KUALA LUMPUR: Turkey and the Middle East and North Africa (MENA) region are poised to see more biodiesel demand and therefore higher imports of palm oil, having recently initiated a normalisation process following decreasing Covid-19 cases and deaths there.
Veysel Kaya, a representative of Ankara, Turkey-based consultancy and brokerage of oilseeds Sunseedman, said this normalisation signaled a recovery in economies and incomes, as well as stronger petrol prices that would lead to more biodiesel demand and hence improvement in imports of palm oil.
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