Market News 
07.28.10
Palm oil futures dropped Wednesday after crude oil fell for a second day on risi...
07.28.10
BILL INTRODUCED TO EXTEND ETHANOL TAX CREDITS
A draft bill released by the chairman of the US House of Representatives' tax-wr...
07.28.10
BP REPORTEDLY SEEKING TO SELL ASSETS TO PAY FOR OIL SPILL DAMAGES
A day after BP said it would sell $30 bln in assets to pay for its Gulf of Mexic...
07.14.10
PALM OIL EXTENDS GAINS WEDNESDAY
Palm oil advanced Wednesday extending gains after shipments from Malaysia climbe...
07.14.10
MAJORITY SPANISH BIODIESEL PLANTS OPERATING UNDER 10% CAPACITY
Spanish Renewable Energy Association APPA stated that 75% of the 46 domestic bio...
07.14.10
ITALY BIODIESEL OUTPUT MAY PLUNGE 60-70%
Biodiesel output in Italy may plunge 60-70% this year after falling 50% in the f...
03.26.10
MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND
The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be n...
03.26.10
EU COMMISSION REPORT: INDIRECT LAND USE CHANGE IMPACTS BIOFUELS SUSTAINABILITY
Going beyond a 5.6% biofuel blend in transport fuel could impact the environment...
03.26.10
INDONESIA TO RAISE CPO EXPORT TAX
Due to rising global palm oil prices, Indonesia will raise its export tax on cru...
03.26.10
FRANCE SCRAPS CARBON EMISSIONS TAX
The French government has scrapped its plan for a carbon emissions tax. The...
Biofuels Escape Argentina Export Tax
11.14.07
Argentina has increased the export tax on soybeans, soy-based products, and corn, but not on biofuels, according to analysts.
The government raised the export tax on soy from 27.5% to 35%, and the tax on soy meal and soy oil exports from 24% to 32%. However, the export tax on soy-based biodiesel was left at 5%, with a 2.5% tax credit—an effective export tax rate of 2.5%.
The government also raised the tax on corn exports from 20% to 25%, while corn and sugar-based ethanol exports are taxed at an effective rate of 1%.
Argentina is expecting to quadruple biodiesel production next year, and by the end of the decade will be making 10 times the amount it produced in 2007, according to a report by the U.S. Department of Agriculture.
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