Singapore’s growing bio-bunkers demand to drive surge in regional UCOME consumption

Capt. John

The rising demand for bio-bunker at the world’s largest bunkering port of Singapore is likely to continue in 2024, which could drive a sharp increase in used cooking oil methyl ester, or UCOME, demand, market participants said. Singapore’s overall sales of bunker fuel in 2023 jumped to a record...

https://www.spglobal.com/platts/en/market-insights/latest-news/agriculture/012624-singapores-growing-bio-bunkers-demand-to-drive-surge-in-regional-ucome-consumption

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