Market News

01.04.08

Soybean Prices At 34-Year High

Soybean futures in Chicago rose for a third day to a 34-year high on speculation...

01.03.08

India Veg Oil Tariffs Unchanged

India left tariff values unchanged for six palm group oils and crude soybean oil...

01.02.08

Biofuels Stocks End 2007 On A High Note

The Biofuels Digest Index™, a basket of public biofuels stocks, rose 1.7% on Fri...

12.31.07

Brazilian Ethanol Production Up 20% in 2007

In Brazil, ethanol production increased 20% in 2007, according to figures releas...

12.28.07

CPO Futures At $928 Per Ton

The crude palm oil (CPO) three-month futures contract reached an historic high o...

12.28.07

Ethanol Margins Recovering

According to a report by Citigroup, ethanol prices are now trading in line with ...

12.19.07

UN Says Cost Of Imported Foodstuffs Is Highest On Record

The UN Food and Agriculture Organization (FAO)says the global cost of imported f...

12.17.07

Global Grain Use May Outpace Supply

Examining the outlook for food supplies, the London-based International Grains C...

12.14.07

US Renewable Energy Consumption May Double By 2030

According to the US Department of Energy's annual outlook, renewable energy cons...

12.12.07

Indonesia Sees No Change in Palm Oil Export Tax

Indonesia has no plans to alter the current palm oil export tax, its Trade Minis...

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.