
Market News 
05.22.08
US Says Oil Prices Reflect Supply-Demand
US Energy Secretary Samuel Bodman said that crude oil prices, which hit a record...
05.21.08
Canada to Invest $25 Million in Phillippine Biofuels
Canadian-based biodiesel company Green Corporation, in collaboration with the Ca...
05.20.08
USDA Says Biofuels Not A Cause Of Higher Food Costs
The U.S. Department of Agriculture has released a report showing that high energ...
05.19.08
Argentine Farmers to Rally May 25
In Argentina, the four farmer associations which have coordinated the strike put...
05.15.08
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
A report by Credit Suisse suggests that reversing US ethanol policy, including s...
05.14.08
DuPont and Genencor Form Cellulosic Ethanol JV
DuPont has formed a joint venture with Danish company, Genencor to develop and c...
05.12.08
US Biodiesel Industry To Ask For WTO Action
According to the Financial Times, the US biodiesel industry will lobby for World...
05.09.08
US Congress Agrees on Farm Bill
The US Congress has reached agreement on a $285 billion Farm Bill. Among its pr...
05.08.08
ADM Delists From Chicago Stock Exchange
Archer Daniels Midland Company has notified the Chicago Stock Exchange of its in...
05.07.08
Goldman Sachs Says Oil Could Reach $200 Per Barrel
Oil could rise to $200 within the next two years as part of a "super-spike" driv...
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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