yeah its a tough one.
I really wish this palm oil situation had a solution because at the current price it is really attractive.
I think this is quite speculative in the current climate.
Great idea but will it be profitable?
There are also reports that there is a movement suggesting bio fuels are CONTRIBUTING to global warming.
Basically the high price of these oils are motivating farmers , say in Indonesia, to clear huge amounts of native forest to grow plantations.....good for NFL ie more supply lower price.....bad for publicity. Dont know if I put much weight in that causing the price to drop but its a concern all the same i spose.
Still unconvinced....wish i was though cheap cheap
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