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...
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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