Market News 
01.27.09
Crude oil fell from a two-week high in New York, Monday, on speculation that rec...
01.26.09
South America Drought Worst In 47 Years
Corn and soybeans declined in Chicago, Monday, as rain in Argentina and Brazil i...
01.23.09
Venezuela and Argentina to Cooperate On Energy
The presidents of Venezuela and Argentina have signed agreements Thursday to coo...
01.22.09
Soybeans advanced 0.6% Wednesday after losing 2.8% Tuesday as the dollar’s rally...
01.21.09
India Rules Out CPO Import Tax
India has ruled out import taxes on CPO as prices of domestic oilseeds stay abov...
01.20.09
Malaysia’s government is considering a request by domestic palm oil producers, i...
01.19.09
Goldman Sachs Projects Oil Price Increase
Goldman Sachs Group Inc. expects a “swift and violent rebound” in energy prices ...
01.13.09
Oil Could Hit $30 This Quarter
Oil consumption will drop by 1 million barrels a day this year as the US, Europe...
01.13.09
Soybean Prices Increase On Weather Speculation
Soybeans advanced Monday to the highest in more than three months on speculation...
01.12.09
Oil fell below $39 a barrel on Monday due to growing evidence that recession is ...
MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND
03.26.10
The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be negligible as it will only be introduced in stages within central Peninsular Malaysia, according to OSK Research, Bernama reports.
Assuming that central Peninsular Malaysia uses 50% of the country's total diesel consumption of 10 mt, maximum demand for palm oil in biodiesel in 2011 will amount to just 146k mt if implemented all at one go rather than in stages, it said in a research note on Friday.
Hence, the impact to palm oil prices should be positive but likely to be insignificant, the research firm said.
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