Market News

03.10.10

BRAZIL SOY CROP TO EXCEED LAST YEAR BY 18%

Conab estimated this week that Brazil’s 2009-10 soy crop would reach 67.5 millio...

03.10.10

ARGENTINA SOY EXPORTS STAY FLAT DESPITE LOWER OUTPUT

Argentina's soy exports during the first 11 months of 2009 were in line with the...

03.10.10

SHELL: 40% OF VEHICLES TO BE ELECTRIC BY 2050

Shell CEO stated this week that by 2050 40% of all vehicles in the world will be...

03.10.10

CPO FUTURES CONTRACT TO BEGIN TRADING ON CME GLOBEX

A dollar-denominated, cash-settled crude palm oil futures contract will begin tr...

03.03.10

EU WILL ADOPT 30% EMISSIONS TARGET BY 2020

Netherlands environment minister Jacqueline Cramer said the EU will “definitely”...

03.03.10

VITOL OWNS 25% OF OIL PRODUCTS STORED ON SHIPS

Vitol owns almost 25%, 20 million barrels of a total 79 million barrels, of refi...

03.03.10

OIL RISES WEDNESDAY ABOVE $80 A BARREL

NYMEX crude oil rose 1.3% to $80.69 a barrel Wednesday after a US government rep...

02.24.10

PALM OIL FUTURES FALL ON LOWER DEMAND

Palm oil futures fell for the first time in three days on concern demand may wan...

02.24.10

ASTRA AGRO LESTARI PROFIT DECLINES 36%

PT Astra Agro Lestari’s profit declined for the first time in three years as a f...

02.24.10

INDONESIA TO HOLD CPO EXPORT TAX AT 3% IN MARCH

Indonesia will maintain its export tax on crude palm oil at 3% in March. The...

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Central Banks Cut Interest Rates

10.08.08

Central banks around the world cut short-term interest rates by up to half a percent on Wednesday after investors across Asia and Europe unleashed waves of sell orders.

The Federal Reserve, the European Central Bank and other central banks from Britain and Switzerland to Canada and China announced rate reductions within seconds of one another, New York Times reports.



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