Malaysia Plantation Stocks Ignore Biodiesel Plan

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0321 GMT [Dow Jones] Malaysian plantation stocks little changed as government's plan to make sale of biodiesel mandatory in stages from June 2011 fails to spur interest; plan calls for diesel to be blended with biodiesel derived from palm oil at a 95%:5% ratio, with blend to be introduced in several central Malaysian states before being gradually expanded nationwide; analysts estimate implementation of 5% blend would absorb up to 500,000 tons of palm oil annually, equivalent to 3% of Malaysia's annual palm oil production... [ Subscribe Now To Read More ]

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