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...
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
05.15.08
A report by Credit Suisse suggests that reversing US ethanol policy, including subsidies, won't return grain prices to lower levels and would cause gasoline prices to move higher.
The report notes that corn has energy value and the market is willing to value it on that basis. The US government may decide to slow increases in the nation’s biofuel mandate, but elimination is unlikely, the analysts said. Credit Suisse also sees ethanol prices heading closer to wholesale gasoline prices as increased blending infrastructure comes on line and absorbs the ethanol surplus.
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