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 ...

Page: 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  
16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  
31  32  33  34  35  36  37  38  39  40  41  42  43  44  45  
46  47  48  49  50  51  52  53  54  55  56  57  

Soybean Prices Spark Unrest in Indonesia

01.16.08

In Indonesia, police were forced to clear the streets after food riots broke out over rising soybean prices. The riots were characterized as the largest since Mexican protests of rising tortilla prices last year.

Increasing demand in China reduced US capacity as more farmers plant corn for ethanol, and poor harvests in Brazil and Argentina are said to underlie the price increases. The Indonesian government says it will continue with its planned 10% biofuel mandate target by 2010 despite high crude palm oil prices, and will rely more on ethanol than biodiesel to meet the target.



About World Energy

World Energy is a leading provider of biodiesel. Our global biodiesel distribution platform and diversified biodiesel production network ensures reliable supply of quality biofuels worldwide. For more, visit http://www.worldenergy.net.