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Biofuel use in Germany plunges as oilseeds gain
Source : bloomberg.com
Biofuel consumption in Germany declined 18% in April because of scarce supplies and rising prices for rapeseed and oil made from the seed, Hamburg-based oilseeds analyst Oil World said. Blenders mixed less biodiesel with regular fuel as the price of rapeseed gained 33% in the past year, Oil World said today in a report. Ethanol mixed into fuel fell by 11% in the year through April as Germans shunned the product, according to the report. Biofuel production totaled 194'000 tons in April, down from 238'000 tons a year earlier, the researcher said. "Demand for certified rapeseed oil mainly of German origin for biodiesel production reportedly increased to record levels", Oil World said. "The declining usage of biodiesel is largely attributable to scarce supplies and high prices of rapeseed and rapeseed oil."
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9 July 2011 |
Figures ::
Biofuels ::
Europe
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Articles in the category 'Figures' (74 articles)
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