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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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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