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Palm oil's premium over gasoil highest in 10 months
Surge threatens to curb use of the commodity in biofuel production
Published Fri, Dec 4, 2015 · 09:50 PM
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Kuala Lumpur
THE El Nino-induced dry weather that's parching fields across South-east Asia has pushed palm oil's premium over gasoil to the highest in 10 months, threatening to curb use of the commodity in biofuel production.
Palm oil in Kuala Lumpur cost about US$160 a tonne more than gasoil on ICE Futures Europe on Dec 3, the most expensive s…
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