Market News 
04.10.09
IEA Cuts World Oil Demand Forecast
IEA on Friday cut its 2009 world oil demand forecast by 1 million barrels a day ...
04.08.09
Malaysian Palm Oil Inventories Down
Malaysia's Minister for Plantation Industries and Commodities said the country's...
04.08.09
EU Finalizes Climate-Energy Package
EU has finalized a climate-energy legislative package designed to achieve a 20% ...
04.08.09
Argentine Government and Farmers Continue Talks
The Argentine government and farmers will continue to hold weekly talks regardin...
04.08.09
Canadian Bioenergy And ADM To Partner On Biodiesel Plant
Canadian Bioenergy and Archer Daniels Midland are considering building a 70 mill...
04.06.09
Malaysian CPO Prices To Firm This Week
CPO futures on Bursa Malaysia Derivatives are expected to be firmer this week wi...
04.06.09
Louis Dreyfus Acquires New Biodiesel Capacity
Louis Dreyfus has acquired Swiss company Gate Global Alternative Energy Holding,...
04.06.09
Brazil May Increase Biodiesel Mandate
The Brazilian government is considering raising its biodiesel mandate to 4% from...
04.03.09
Malaysian Palm Oil Futures Hit 6-Month High
Malaysian crude palm oil futures soared 5.1% to a 6-month high yesterday, booste...
04.03.09
US Soybeans for May delivery gained 0.7% to $9.835 a bushel, Bloomberg reported ...
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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