Prospects for biodiesel upbeat in the short term: Krungsri report
Over the next three years, the biodiesel industry will enjoy improved business conditions thanks to an average annual increase of 3-4 per cent in domestic demand, which will then bring consumption to 5.3-5.7 million litres per day, according Krungsri Researches outlook.
The study said there would be stronger demand for diesel from the transport sector, which will be driven by:
▪︎a rebound in economic activity, ever-greater e-commerce sales and a steady rise in the number of diesel-powered vehicles on Thai roads.
The Nation Reporter
