Market News 
11.19.08
Biopetrol Bringing Rotterdam Plant Online
Switzerland-based Biopetrol Industries began to bring its 400,000mt per year pla...
11.18.08
Crude palm oil prices will likely remain subdued for the next several months wit...
11.17.08
OPEC Cuts Demand Forcast as Oil Continues to Drop
Oil fell for a second day as Japan entered its first recession since 2001 and Ch...
11.13.08
CPO Prices May Not Have Hit Bottom Yet
A London-based vegetable oil analyst said that crude palm oil prices have not bo...
11.12.08
Global Investors Promote Renewable Energy
Global institutional investors holding more than $6 trillion in assets are pushi...
11.11.08
Indonesia and Malaysia to Cut CPO Production
The Indonesian and Malaysian governments have agreed to cut production and incre...
11.10.08
World Oilseed Output Forcast Raised
World oilseed output is forecast at 431 million mt for 2008/09 compared to 404 m...
11.07.08
Global Soy Oil Trade Likely to Decline
Global trade of soybean oil is likely to decline by 1.0 million mt, or 4%, in 20...
11.06.08
ICIS pricing has enhanced its US and European biofuel price reports with new pri...
11.05.08
US Presidental Election Impacts World Markets
The dollar gained ground on the euro following Barack Obama’s presidential elect...
US EPA Releases RFS2
02.05.10
US EPA issued RFS2 this week including some major changes from the previous rule:
- Renewable fuels must account for 8.25% of total gasoline and diesel sales in 2010 to meet a mandate of nearly 13 billion gal of renewable fuels this year.
- The cellulosic ethanol output target is set at 6.5 million gal this year instead of the proposed 100 million gal.
- The 2009/2010 combined biomass diesel output target is set at 1.15 billion gal. by year-end.
- Measuring carbon dioxide emissions from ethanol and other biofuels includes indirect land use change, but biodiesel and renewable diesel from soy oil or waste oils, fats, and greases will meet the 50% GHG reduction threshold.
- Ethanol from sugarcane complies with the 50% reduction threshold for advanced biofuels.
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