Market News 
03.06.08
Goldman Sachs Sees Palm Oil Price Drop
PALM oil futures in Malaysia, the global benchmark, may fall between 15% and 20%...
03.06.08
Chinese Oil Companies Ordered To Guarantee Supply & Margins
The Chinese government has ordered the country's two state oil companies, CNPC a...
03.05.08
Indonesia Slows Biodiesel Investments
Some Indonesian companies are halting or amending plans to make biodiesel, sayin...
03.05.08
Asian Vegetable Oil Markets End Rally
A record-breaking rally for Asian vegetable oil markets was brought to an abrupt...
03.04.08
Kiplinger Sees Increase in Soy Yields
The Kiplinger Agriculture Letter predicts that yields of soybeans will increase ...
03.03.08
Saudi Oil Minister Links Oil Prices to Biofuels
Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a mini...
02.29.08
US Federal Reserve Supports Brazilian Ethanol Trariff Cut
US Federal Reserve Chairman Ben Bernanke told the US Senate Banking Committee th...
02.29.08
Vietnam & Brazil Sign Ethanol Protocol
A protocol on cooperation in ethanol production and use between Vietnam and Braz...
02.28.08
BP Moving Away From "Green" Image
British Petroleum is moving away from its “green” business branding, focusing on...
02.27.08
Palm Oil Prices Double in Past Year
Godrej International’s chief analyst says palm oil prices have doubled in the pa...
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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