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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US and Brazil Defend Biofuels at UN Food Summit

06.04.08

In Rome, Italy, a three-day UN food summit has called for trade barriers to be reduced and food export bans to be lifted to ease increasing food prices. Most countries and international organizations cited multiple causes for increasing food costs, but views on how much each factor contributed varied widely.

The US and Brazil defended biofuel production, amid discussions of whether to scale back or push ahead with biofuels.

On Wednesday, the Islamic Development Bank donated $1.5 billion, as the UN acknowledged that food shortages would cost $15 billion to $30 billion a year to resolve.



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