Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Palm Oil Advances as Crude Rally Boosts Outlook for Biofuels. |
| Συγγραφείς: |
Kapoor, Kanupriya (AUTHOR) |
| Πηγή: |
Bloomberg.com. 7/14/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Prices, Palm oil, Biodiesel fuels, Biomass energy, Iran-United States relations, Fossil fuels |
| Γεωγραφικοί όροι: |
Malaysia, Indonesia, Iran |
| Περίληψη: |
The article focuses on the recent rise in palm oil prices driven by a surge in crude oil prices amid renewed US-Iran tensions. Increased crude prices, fueled by US military actions and sanctions on Iran, are expected to strain fossil fuel supplies and boost demand for biofuels, for which palm oil is a key feedstock. Indonesia's B50 and Malaysia's B15 biodiesel blends, relying on palm oil from the two largest producers, are anticipated to further support palm oil demand and prices. The increase in crude oil has narrowed the price gap between palm oil and gasoil, bringing them close to parity. [Extracted from the article] |
|
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| Βάση Δεδομένων: |
Business Source Index |