date:Jun 17, 2014
er weather in parts of Indonesia, Ng added. We remain optimistic on medium-term prospects of Indonesia's biodiesel usage as we see progress being made to improve the logistical issue. Malaysia, the world's second-largest palm grower, has lowered its crude palm oil export tax for July to 5 percent, a government circular showed on Monday, the first cut after three months. In other competing vegetable oil markets, the US soyoil contract for July shed 0.5 percent in late Asian trade, while the most