Market News 
08.06.09
CPO Production Expected Lower on Month
In Indonesia, palm oil production for July is pegged at between 2.03 million and...
08.06.09
ADM reported fourth quarter financials this week, posting a 83% drop in earnings...
08.03.09
Philippine coconut oil exports climbed over 64% to 114k mt on the year in July d...
08.03.09
Argentina Congress Willing to Discuss Farm Export Tax
The head of the pro-government caucus in the Lower House, Deputy Agustín Rossi, ...
08.03.09
Palm Oil Price Hits 6-week High
Palm oil futures had the largest increase in six weeks as crude oil and soybeans...
07.24.09
CPO Rises on Increased Export Outlook
Malaysian CPO futures rose as much as 1.6% on Friday on an improved demand and e...
07.24.09
Rotterdam Port Undergoing Expansion During Trade Lull
A current slowdown of global trade is allowing the port of Rotterdam time to exp...
07.24.09
France and Italy to Cooperate on Biofuels
France and Italy have signed an agreement to cooperate on renewable energy resea...
07.24.09
Argentina Farmers Say Tax Cut Would Increase Grain Output
Argentina’s farmers will press the government to cut taxes and export restrictio...
07.24.09
New York-based Bunge has reported a 58% decrease in net income to $313-million f...
Saudi Oil Minister Links Oil Prices to Biofuels
03.03.08
Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a minimum of $60 to $70 dollars per barrel because public policy in many countries is to invest in alternative energy sources to compete with petroleum, and this can only occur if oil is priced at this level.
"If you take all the subsidies that go into producing a barrel of biofuels,” he said, “I doubt that anybody can make money in that business with a price of less than $60 or $70. Therefore, a line has been drawn below which the price cannot fall."
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