Asia PME market appears balanced

June 2013
ICIS Chemical Business;6/10/2013, Vol. 283 Issue 20, p24
Trade Publication
The article reports on the 10% decline in the prices of palm methyl ester (PME) in 2013. Market participants stated that Asia spot prices for PME, a kind of palm oil-derived biodiesel, might remain at about $900/tonne in the near term as declining demand is being countered by low available supply in the market. It states that prices in PME were evaluated at $880-930/tonne free on board (FOB) in Southeast Asia on May 30, a decline by $10/tonne at the high end.


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