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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China Is Largest Edible Oils Market

03.10.08

China has emerged as the largest edible oils market, accounting for 30% of the world trade in vegetable oils.

Among trends in the industry observed by experts: the controversy over trans-fatty acids and genetically modified oils (GMO) is likely to impact soy oil consumption across North America and Europe, with GMO free and organic oils expected to increase in demand in these markets.

In developing countries, trans-fat free crude palm oil is expected to see consumption growth due to lower prices of palm oil in comparison to soy oil. Several large food companies have already begun transitioning to trans-fat free food processing.

Non-edible applications of vegetable oils are expected to continue to gain momentum, particularly in market for biodiesel, where environmental concerns, stringent emission regulations, high energy prices and government incentives are stimulating interest in biodiesel.

Technology advances in B100 automotive systems may also stimulate higher demand in North America and Europe.



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