Market News

07.28.10

CPO DROPS WEDNESDAY

Palm oil futures dropped Wednesday after crude oil fell for a second day on risi...

07.28.10

BILL INTRODUCED TO EXTEND ETHANOL TAX CREDITS

A draft bill released by the chairman of the US House of Representatives' tax-wr...

07.28.10

BP REPORTEDLY SEEKING TO SELL ASSETS TO PAY FOR OIL SPILL DAMAGES

A day after BP said it would sell $30 bln in assets to pay for its Gulf of Mexic...

07.14.10

PALM OIL EXTENDS GAINS WEDNESDAY

Palm oil advanced Wednesday extending gains after shipments from Malaysia climbe...

07.14.10

MAJORITY SPANISH BIODIESEL PLANTS OPERATING UNDER 10% CAPACITY

Spanish Renewable Energy Association APPA stated that 75% of the 46 domestic bio...

07.14.10

ITALY BIODIESEL OUTPUT MAY PLUNGE 60-70%

Biodiesel output in Italy may plunge 60-70% this year after falling 50% in the f...

03.26.10

MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND

The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be n...

03.26.10

EU COMMISSION REPORT: INDIRECT LAND USE CHANGE IMPACTS BIOFUELS SUSTAINABILITY

Going beyond a 5.6% biofuel blend in transport fuel could impact the environment...

03.26.10

INDONESIA TO RAISE CPO EXPORT TAX

Due to rising global palm oil prices, Indonesia will raise its export tax on cru...

03.26.10

FRANCE SCRAPS CARBON EMISSIONS TAX

The French government has scrapped its plan for a carbon emissions tax. The...

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Oil Prices Surge For Second Day

06.06.08

Oil prices surged for the second day on a US dollar decline that stemmed from a weak jobs report and a forecast of $150-a-barrel oil.

The US Labor Department reported that unemployment rose to 5.5% in May from 5% in April, the largest monthly jump in more than two decades. Also contributing to the surge, Morgan Stanley released a report expecting a "short-term spike in oil prices," as high as $150 a barrel by July 4.



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