SOY OIL AND PALM OIL MARKET ANALYSIS
By Regional analysis:
Asia Pacific held a significant market share in the global Soy oil & palm oil market in 2022, For instance, according to the Asia Biomass Energy Corporation, Malaysian Government has been making efforts to promote production and use of biodiesel made from soy oil & palm oil to lessen the dependence on crude oil imports and to stabilize soy oil & palm oil price, as well as to increase export of biofuels.
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