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
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 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...
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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