Palm Oil Price Surge Raises Biodiesel Costs

Discover how rising palm oil prices are impacting biodiesel costs, despite government subsidies. Learn about the implications for the biofuel market.

An elegant illustration of palm oil fruits and a biodiesel fuel pump, symbolizing the connection and
Palm Oil Price Surge Raises Biodiesel Costs

The government typically subsidizes sales of biodiesel, but the surge in palm oil prices has made the biofuel costlier.

Source