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Bio diesel shows the way vegetable oils are consumed.
30/Aug/2006: Due to a consistent growing for the bio diesel demand, a significant increase is foreseen for the next year. The Oil World seminary predicted an increment of 8.3 tons from the different kind of vegetable oils used.
The European countries were the first in developing the Bio diesel industry, with an annual production of almost 6 millions tons, there is a great advancement in bio diesel production in countries like the US, Canada, Australia and even on South American region.
There is also a projected increment in Bio diesel production capability for 2007, this increment is around 15 millions tons and another increment of 2 millions tons for the next two years.
This demand/offer view from vegetable oils shows a rising tendency on prices for these products.
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