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Top karlsnotes.com News

The great Malaysian cooking oil arbitrage

European Union · Delhi

The great Malaysian cooking oil arbitrage

Malaysian cooking oil subsidies and EU biofuel mandates have created an arbitrage opportunity where fresh oil can be bought cheap, relabelled as 'used', and sold at a profit to aviation fuel producers....the Straits Times and Climate Home News recently reported on a striking scheme in Melaka, Malaysia, where locals were selling cooking oil that would eventually be used to supply European producers of aviation fuel. The underlying idea of turning…Read Article

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