Market News

07.17.09

BP Sells Back Stake in Jatropha Biofuel JV

BP has sold its stake in its jatropha biofuel JV for $814k back to D1 Oils. ...

07.17.09

RFA Reports on Biodiesel in RTFO

This week the RFA released its biofuels report for the first year of the RTFO in...

07.17.09

Panda Ethanol Dissolution Approved

Texas-based Panda Ethanol, whose Hereford subsidiary filed for Chapter 11 earlie...

07.15.09

Cargill Opening Canola Research Center in Canada

Cargill is opening a canola research and production center in Aberdeen, Saskatch...

07.13.09

Sime Darby Invests in Malaysian JV For Oil Palm Plantation

Sime Darby plans to invest an initial $28 million to develop a 20k ha oil palm p...

07.13.09

Nearly 400k MT Malaysian Palm Oil Exported in July

SGS reported Monday that a total of 387k mt of bulk palm and lauric oils were ex...

07.10.09

China Soy Imports Forecast at 4.3-mil MT

China's Ministry of Commerce revised upward its July soybean import estimate to ...

07.10.09

US Oilseed Production Up

US oilseed production is projected at 96.3 million tons, up 1.8 million tons, wi...

07.06.09

Philippine Coconut Oil Exports Drop In June

Philippine coconut oil exports dropped 13% in June from a year earlier on lessen...

07.06.09

Malaysia To Brand Palm Oil

The Malaysian palm oil industry plans to brand their commodity, Malaysia Palm, t...

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Flex-Fuel Cars Are 85% of New Sales in Brazil

10.09.07

Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales. By 2020, Petrobras expects these cars to make up 72% of Brazil's light-vehicle fleet, up from 13% in 2006.

By 2020, Brazilians will consume more ethanol than gasoline because flex-fuel cars will dominate the country's car fleet, according to Sergio Gabrielli, CEO of Petrobras. Flex-fuel can run on any mixture of gasoline and ethanol. Gasoline cars are expected to shrink to 13% from 71% over the same period.



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