According to the market survey from STIN UCO and China New Energy, one of the largest platform for new energy, renewable products and biodiesel etc in China. The price for high quality used cooking oil increased more than 15% in May than that of April.The export of used cooking oil from China decreased 50% due to the price issue.
It is a pity that some clients lost lot of time and wasted lot of cost in April as they did not place the order in time. The shipping cost increased 30% as well and it is expected to reduce in late May.
