Market News

10.25.07

Germany Biodiesel Tax To Increase

According to Berliner Zeitung, the German Finance Minister will propose a $0.12 ...

10.23.07

Petrotec Suspends Biodiesel Production

German biodiesel producer Petrotec has temporarily stopping biodiesel production...

10.16.07

Global Oilseed Production Forecast Lower

Global oilseed production is forecast to fall 3.8%to 382 million tons over the n...

10.09.07

Global Biodiesel Market To Reach 37 Billion Gallons By 2016

The global biodiesel market is estimated to reach 37 billion gallons by 2016, gr...

10.09.07

Flex-Fuel Cars Are 85% of New Sales in Brazil

Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales...

10.05.07

Banks To Launch $300 Million Islamic "Green Fund"

Amanahraya Investment Bank Ltd (AIB) will launch a $300 million Islamic fund in ...

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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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