Market News

04.10.09

IEA Cuts World Oil Demand Forecast

IEA on Friday cut its 2009 world oil demand forecast by 1 million barrels a day ...

04.08.09

Malaysian Palm Oil Inventories Down

Malaysia's Minister for Plantation Industries and Commodities said the country's...

04.08.09

EU Finalizes Climate-Energy Package

EU has finalized a climate-energy legislative package designed to achieve a 20% ...

04.08.09

Argentine Government and Farmers Continue Talks

The Argentine government and farmers will continue to hold weekly talks regardin...

04.08.09

Canadian Bioenergy And ADM To Partner On Biodiesel Plant

Canadian Bioenergy and Archer Daniels Midland are considering building a 70 mill...

04.06.09

Malaysian CPO Prices To Firm This Week

CPO futures on Bursa Malaysia Derivatives are expected to be firmer this week wi...

04.06.09

Louis Dreyfus Acquires New Biodiesel Capacity

Louis Dreyfus has acquired Swiss company Gate Global Alternative Energy Holding,...

04.06.09

Brazil May Increase Biodiesel Mandate

The Brazilian government is considering raising its biodiesel mandate to 4% from...

04.03.09

Malaysian Palm Oil Futures Hit 6-Month High

Malaysian crude palm oil futures soared 5.1% to a 6-month high yesterday, booste...

04.03.09

US Soybeans Gain On Week

US Soybeans for May delivery gained 0.7% to $9.835 a bushel, Bloomberg reported ...

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India Veg Oil Tariffs Unchanged

01.03.08

India left tariff values unchanged for six palm group oils and crude soybean oil, a Central Board of Excise and Customs notification said this week. The tariff value of crude palm oil was kept at $447 a ton and crude soybean oil at $580.

The tariff value is considered as the base value to calculate import duties for different edible oils. India normally reviews the base prices every 15 days to take into account international prices, domestic demand and supply, and inflation.



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