Market News 
06.10.08
Indonesia, the only Southeast Asian member of the Organization of the Petroleum ...
06.09.08
Argentine Farmers Hault Strike
Argentina's farm groups have suspended their strike at the request of the Roman ...
06.06.08
Oil Prices Surge For Second Day
Oil prices surged for the second day on a US dollar decline that stemmed from a ...
06.05.08
Morgan Stanley: Oil Will Stay Above $100 Per Barrel
Oil prices will remian above $100 per barrel for the forseeable future due to ri...
06.04.08
US and Brazil Defend Biofuels at UN Food Summit
In Rome, Italy, a three-day UN food summit has called for trade barriers to be r...
06.02.08
OPEC Blames Speculators for High Oil Prices
OPEC President Chakib Khelil blamed speculators for the steep rise in oil prices...
05.30.08
EIA Says Biofuels Making Up For Lagging Oil Supplies
International Energy Agency figures show that biofuels have been filling a need ...
05.29.08
Report Projects Rapid Rise In Biofuel Production
Global production of biofuels is forecast to rise rapidly in the next decade, pu...
05.28.08
Argentine Farmers Resumes Road Blocks
In Argentina today, government representatives issued a document supporting thei...
05.27.08
China To Cut Soybean Import Tax
China is likely to cut the import tax on soybean oil to 3% from 9% from June to ...
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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