The UCO market anticipates positive momentum in 2024 due to rising demand for sustainable feedstock. However, uncertainties surround the UCOME biodiesel sector in the European Union (EU) as scrutiny on Chinese biodiesel imports increases. The UCO China price is expected to recover after reaching lows in December 2023, driven by heightened demand inquiries from European buyers. Malaysia's UCO supplies are actively sought after, especially following a surge in shipments to Singapore, the EU, and the US. https://ift.tt/L4htD7S
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