report

quarterly showss that palm oil price up 25%, this is not good news.
states that biodiesel price in EU is stable in spite of falling oil price, but wonder how long the disconnect will remain i.e. when more biodiesel becomes available market price will drop.
construction on target and claimed to budget [ we will see on that one ]
puts a positive spin on things, but market has factored in most of the risk / prices.
comments ?

"Construction of the plant is progressing well with no material cost variations.
The first package of equipment is at port awaiting shipment to the project site. This
includes the main methanol tower from the process technology supplier, Desmet. At
the project site, all piling and tank foundations have been completed.
Sterling aims to be a highly efficient producer of quality biodiesel. It has secured
100% of its feedstock requirements and an offtake for 100% of production