Market News

11.19.08

Biopetrol Bringing Rotterdam Plant Online

Switzerland-based Biopetrol Industries began to bring its 400,000mt per year pla...

11.18.08

CPO Prices to Remain Low

Crude palm oil prices will likely remain subdued for the next several months wit...

11.17.08

OPEC Cuts Demand Forcast as Oil Continues to Drop

Oil fell for a second day as Japan entered its first recession since 2001 and Ch...

11.13.08

CPO Prices May Not Have Hit Bottom Yet

A London-based vegetable oil analyst said that crude palm oil prices have not bo...

11.12.08

Global Investors Promote Renewable Energy

Global institutional investors holding more than $6 trillion in assets are pushi...

11.11.08

Indonesia and Malaysia to Cut CPO Production

The Indonesian and Malaysian governments have agreed to cut production and incre...

11.10.08

World Oilseed Output Forcast Raised

World oilseed output is forecast at 431 million mt for 2008/09 compared to 404 m...

11.07.08

Global Soy Oil Trade Likely to Decline

Global trade of soybean oil is likely to decline by 1.0 million mt, or 4%, in 20...

11.06.08

ICIS Adds to Pricing Reports

ICIS pricing has enhanced its US and European biofuel price reports with new pri...

11.05.08

US Presidental Election Impacts World Markets

The dollar gained ground on the euro following Barack Obama’s presidential elect...

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Soy Crop Area Expanding in Argentina

02.21.08

Soybean crops in Argentina now occupy more than half of the country's cropland, covering 16.9 million ha or 4 percent more than last year, according to estimates published by La Nacion.

However, the 2008 harvest is expected to be the same in size as 2007, about 47 million mt, because the larger area will only compensate for a widespread drop in yield caused by lack of rain.

Argentina is the world's third largest soybean producer, as well as the biggest producer and exporter of soybean oil globally, with an estimated 95% of its production traded abroad.



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