Market News

11.06.09

CPO Output to Increase 6.4% in Indonesia

Indonesia will increase palm oil output 6.4% to 21.13-million mt this year after...

11.06.09

Argentine Soybean Planting Behind Last Year

In Argentina, 2009-10 soybean planting is running below last year’s levels on un...

11.06.09

US Unemployment Report Causes Drop In Oil Price

Soybeans rose early Friday as investors judged the two-day, 3.8% drop as excessi...

11.04.09

Palm Oil Price Declines on Increased Stocks

Palm oil declined as mounting stockpiles in Indonesia boosted investor concern a...

10.28.09

EU Certified Palm Oil Demand Increasing

EU demand for eco-friendly palm oil from Indonesia and Malaysia has risen over t...

10.28.09

Louis Dreyfus Injects $463-MLN in Biofuel Company Merger

Louis Dreyfus Commodities will inject $463-million in the merger of LDC Bioenerg...

10.28.09

Soybean Prices Could Fall 13% in 2010

Soybean prices may fall as much as 13% to an average of $8.50/bushel next year a...

10.26.09

Argentina Likely to Plant Record Soy Crop

Argentine farmers will plant a record 19-million ha with soybeans this season, u...

10.26.09

Brazil Moves Up Biodiesel Mandate Increase

Brazil has moved up its 5% biodiesel mandate to 2010 from 2013. The measure ...

10.26.09

Malaysia Now Considering Lower Biodiesel Mandate

Malaysia is considering revising downward its proposed 5% biodiesel mandate begi...

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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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