Market News

11.04.08

Indonesia May Restrict Biofuel Exports

Indonesia may restrict biofuel exports to ensure sufficient supplies in the dome...

11.03.08

Brazil Biodiesel Mandate Expected to Impact Exports

In Brazil, three months after the government mandated biodiesel blends at servic...

10.31.08

Crude Oil Heading For 37% Decline on Month

Crude oil is poised for its largest monthly drop since trading began in 1983, on...

10.29.08

European Commission May Amend Biofuel GHG Allowance

The European Commission is reportedly preparing to amend its values for the amou...

10.28.08

US Gasoline Prices Down

The average price of regular gasoline in the US fell to $2.78 a gallon as the gl...

10.27.08

Fiji Plans Biodiesel Initiative

A $174 million biodiesel initiative to reduce Fiji’s reliance on imported diesel...

10.24.08

US Farm Belt Hit By High Costs

The Farm Belt in the US Midwest, one of the hottest parts of the US economy in r...

10.23.08

CPO Prices Could Go Lower

A London-based vegetable oil analyst said that CPO prices may fall to $338/mt if...

10.22.08

Oil Prices Fall Below $70

Oil prices fell below $70 Wednesday on worries about energy demand amidst slowin...

10.21.08

West Africa Could Benefit From Bioenergy Development

Combating poverty through the development of sustainable bioenergy is a viable o...

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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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