Biodiesel exports in 2021 seen falling to four-year low


KUALA LUMPUR (Reuters) - Malaysia's exports of palm-based biodiesel are likely to fall this year to their lowest since 2017 due to European Union restrictions and the coronavirus pandemic, the Malaysian Biodiesel Association (MBA) said on Tuesday.

Exports from Malaysia are estimated to fall to 350,000 tonnes from 378,582 tonnes in 2020, MBA president U.R. Unnithan said at the Virtual Palm and Lauric Oils Price Outlook Conference.

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Biodiesel , palm oil

   

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