Market News

01.27.09

Crude Oil Falls Monday

Crude oil fell from a two-week high in New York, Monday, on speculation that rec...

01.26.09

South America Drought Worst In 47 Years

Corn and soybeans declined in Chicago, Monday, as rain in Argentina and Brazil i...

01.23.09

Venezuela and Argentina to Cooperate On Energy

The presidents of Venezuela and Argentina have signed agreements Thursday to coo...

01.22.09

Soybean Prices Increase

Soybeans advanced 0.6% Wednesday after losing 2.8% Tuesday as the dollar’s rally...

01.21.09

India Rules Out CPO Import Tax

India has ruled out import taxes on CPO as prices of domestic oilseeds stay abov...

01.20.09

Malaysia May Scrap CPO Tax

Malaysia’s government is considering a request by domestic palm oil producers, i...

01.19.09

Goldman Sachs Projects Oil Price Increase

Goldman Sachs Group Inc. expects a “swift and violent rebound” in energy prices ...

01.13.09

Oil Could Hit $30 This Quarter

Oil consumption will drop by 1 million barrels a day this year as the US, Europe...

01.13.09

Soybean Prices Increase On Weather Speculation

Soybeans advanced Monday to the highest in more than three months on speculation...

01.12.09

Oil Falls Below $39

Oil fell below $39 a barrel on Monday due to growing evidence that recession is ...

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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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