Indian biodiesel trial halted after feedstock prices soar

In India, the managing director of PMTCL in Pune said that a biodiesel trial would be discontinued due to high producer prices for biodiesel feedstock.

The 100-bus trial of B20 was canceled after the lowest bid for B20 was $4.12 per gallon, compared to $3.36 per gallon for diesel.

Last week, crude palm oil futures reached a record $876 per ton, tracking the increase in crude oil prices which reached a record $96 per barrel yesterday.

In the US, a similar trend was in evidence last week. The city of Hoover, Alabama provided residents with one-gallon jugs to collect and recycle used cooking oil for biodiesel production, after a small three-truck trial of biodiesel by Jackson County in Alabama was called off due to cost concerns.

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