Market News

08.22.08

Lower CPO Prices Boost Malaysian Exports

Malaysia’s biodiesel exports are likely to rise to 143,000 mt from last year’s 9...

08.20.08

Asian Glycerin Prices Bottom Out

Glycerin prices in Asia had fallen by more than 50% after values hit a multi-yea...

08.19.08

Indonesia CPO Export Tax To Remain

Indonesia does not plan to change the current palm oil export tax system despite...

08.18.08

Contracts Cancelled As CPO Drops

Buyers from China and India have cancelled or renegotiated around nearly one mil...

08.15.08

CPO Drops 8.7% Friday

Malaysian crude palm oil futures dropped 8.7% on Friday to an eleven month low a...

08.14.08

Biofuels Reduce Risk of Oil Price Spikes

According to a report by the UK’s Royal Institute of International Affairs, oil ...

08.13.08

CPO Prices Continue Decline

The fall in the price of palm oil is due to a question of supply and demand, and...

08.12.08

EU Cereal Yields to Rise in 2008

Cereal yields in the European Union are expected to rise 16% this year compared ...

08.11.08

Brazil and US Sign Energy Agreement

Brazil and the US have signed an agreement to cooperate on electricity, oil and ...

08.08.08

BP To Invest $90 Million In Cellulosic Ethanol

UK energy company British Petroleum and US-based biofuels and enzyme developer V...

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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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