JAKARTA/KUALA LUMPUR -- Weak prices for palm oil, a worsening outlook and a backlash against the commodity over deforestation concerns are pushing Indonesia and Malaysia -- the world's biggest producers -- to boost domestic use through developing jet fuels and expanding biodiesel programs.
A worker loads harvested palm fruits in Malaysia. Major exporters Indonesia and Malaysia are pushing new uses for the tropical oil in the face of market headwinds. © EPA/Jiji
Market Spotlight
Indonesia, Malaysia push biofuel to offset palm oil price downturn
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