Market News

01.17.08

India Moves Forward With Jatropha

In India, the government had designated four companies (D1 Mohan Oils, Shiva Dis...

01.16.08

Soybean Prices Spark Unrest in Indonesia

In Indonesia, police were forced to clear the streets after food riots broke out...

01.15.08

EU To Propose Biofuels Ban

European Union officials will propose a ban on imports of certain biofuels, acco...

01.15.08

Argentine President Cites Global Warming For Fuel Export Ban

Argentina's President Cristina Fernandez de Kirchner is blaming global warming f...

01.14.08

EIA Sees New Production Easing Oil Market

The US Energy Information Administration (EIA) says global oil markets will rema...

01.11.08

Malaysian Palm Oil Council Defends Ads

The Malaysian Palm Oil Council has rejected a ruling by the British advertising ...

01.10.08

China Freezes Energy Prices

The Chinese government responded to growing public anxiety about inflation by an...

01.09.08

Argentina 2007 Biodiesel Exports Reach 320,000 MT

Argentina’s Secretary of Agriculture reported that biodiesel exports totaled 320...

01.08.08

Switchgrass Seen As High Energy Feedstock

A five-year trial of switchgrass shows the crop produces 540% more renewable ene...

01.07.08

Tyson & Conoco Begin Renewable Diesel Production

Tyson Foods and ConocoPhillips’ joint venture to produce renewable diesel from b...

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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.



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