Market News 
02.26.08
Palm oil surged 6% to a record high on the Bursa Malaysia derivatives exchange, ...
02.26.08
CBOT Wheat Trades At All Time High
At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushe...
02.25.08
Iran Supports Oil Production Cut
Iranian oil minister Gholamhossen Nozari said last week that there is no reason ...
02.22.08
Majority of New European Cars Are Diesel
More than half of all new cars sold in Europe last year had diesel engines, the ...
02.21.08
Ethanol prices in Europe have been static in the first part of 2008, as high sto...
02.21.08
Soy Crop Area Expanding in Argentina
Soybean crops in Argentina now occupy more than half of the country's cropland, ...
02.20.08
Cuba May Shift Biofuels Policy
Analysts say that Cuba has the potential to produce between 2 billion and 3 bill...
02.19.08
EIA Sees US Retail Gas At $3.03 Per Gallon
The Energy Information Administration lowered its forecast for the cost of regul...
02.19.08
Fuel Prices Cause Unrest In Mozambique
Recent events in Mozambique characterized by some international news outlets as ...
02.19.08
Commodities Cited As Top Performing Asset in 2007
Commodities were the top performing asset class in 2007, outperforming residenti...
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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