Market News

04.07.08

Kenyan Company Plans $330 Million Biofuel Project

Kenya-based Mumias Sugar Company is planning a $330 million biofuel project, inc...

04.04.08

Germany Steps Back From E10

German Environment Minister Sigmar Gabriel said today he had stopped government ...

04.01.08

US Soybean and Wheat Crops To Increase in 2008

U.S. farmers will plant more soybean and wheat this year after prices reached re...

03.31.08

US Food Costs Increase By 8%

The American Farm Bureau Federation’s quarterly Marketbasket Survey, an informal...

03.28.08

Malaysian Palm Oil Futures up 15%

In Malaysia, crude palm oil futures have risen nearly 15% since the start of the...

03.27.08

Brasil Ecodiesel Reports $22 Million Loss

Brasil Ecodiesel said it produced 53% of Brazil's total biodiesel output in 2007...

03.26.08

Argentine Farmers' Strike Enters 14th Day

A strike by Argentine farmers over increased export taxes for their products ent...

03.25.08

Shell & ExxonMobile May Sell UK Biofuels Company

Media reports says that UK biofuels company Infineum, co-owned by Shell and Exxo...

03.24.08

Heating Oil Prices Hit New High

Record high crude costs and weather-related demand have taken heating fuel price...

03.20.08

US Firm To Build 1000 Biofuel Fueling Stations

Delaware-based Alternative Fuel Distributors, Inc (AFD) says it plans to build a...

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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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