Take Your Trading To The Next Level. Get Started Here!

Global UCO supply to double by 2030 as US, EU policies drive Asian supply

October 4, 2023 Comments Off

Global supplies of used cooking oil is expected to more than double to 31 million mt by 2030, from the current 14 million mt, market participants said over September, a development driven by rapidly growing Asian supply geared towards cashing in on US and EU incentives for biofuels made from agricultural waste and non-agricultural feedstocks. In the EU, biodiesel made…