21 June 2012 10:33 [Source: ICIS news]
Nearly 770,000 cubic metres (cbms) of biodiesel was sold last week in a government-organised auction for the three months ending September, traders said.
Biodiesel production in
Typically, about 45-55% of the crude glycerine will be allocated for export, mainly to the key
“The results of the auction are in line with market expectations. There should be no significant impact on (crude glycerine) prices,” a Chinese trader said.
Crude glycerine demand in
Prices of crude glycerine in flexi-bags were at $345-370/tonne (€273-292/tonne)
($1 = €0.79)
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