Market News

12.11.08

First United Arab Emirates Biodiesel Plant Planned

The first UAE-based biodiesel plant in the GCC region will produce 3 million gal...

12.10.08

Oil Rises on Output Cut Speculation

Crude oil rose on Wednesday on speculation that Russia may coordinate a producti...

12.05.08

Soybeans Extend Losses

Corn and soybeans extended losses Friday, falling to 15-month lows, on signs the...

12.04.08

Malaysian Government Vehicles to Use Biodiesel

Malaysian government agencies are holding discussions regarding using biodiesel ...

12.03.08

Oil Prices Below $50

Oil prices hit a new 3 1/2-year low of $46.42 a barrel early on Wednesday, and t...

12.01.08

Biofuels Among Top Climate-change Investments

HSBC said in a report that biofuels, wind and clean coal are among the top clima...

11.26.08

OPEC May Cut Oil Output

OPEC nations may cut output for the second time in as many months as recessions ...

11.24.08

CPO Price Decline May Be Nearing End

The price of palm oil, down 67% from a March record, is near the end of its decl...

11.21.08

CPO Stocks Could Decline From December

An industry regulator said Malaysia may see a decline in record stocks of palm o...

11.20.08

Dry Weather Affects Argentine Biofuel Crops

The area planted with the 2008-09 corn crop in Argentina will be the smallest in...

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Germany Biodiesel Tax To Increase

10.25.07

According to Berliner Zeitung, the German Finance Minister will propose a $0.12 per liter tax on domestic biodiesel, effective August 1, 2008

The new tax will substantially increase the current tax that is cited by the German biodiesel industry as a prime factor for the slowdown in domestic production.

Plants in Germany are reported to be operating at 40-50% capacity because of high rapeseed costs and domestic taxation. The government will propose mandatory biodiesel usage as a production incentive.



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