In Nigeria, Chinimandi reports that cassava prices are soaring as demand increases for ethanol production. Although ethanol uses cassava varieties with high levels of starch rather than the low starch varieties that are used for staple foods, food staples have seen prices rise 50% in recent months along with ethanol feedstock. Farmers are expanding crop […]
In Thailand, the Bangkok Post newspaper reports Bangchak is looking to procure B100 in an effort to help support palm oil prices, at the request of the Department of Internal Trade. The ministry will set the price that BBGI will pay for the crude palm oil, prices which will be aligned with palm oil prices, […]
In Argentina, Reuters reports the country has lowered the price for biodiesel slightly from May onwards to about $1.062 per metric ton while it raised prices for sugarcane-based ethanol nearly 10% to about 70 cents per liter. Although the increase was lower, the price for corn-based ethanol was increased to about 65 cents per liter. […]
In the UK, global energy and commodity price reporting agency Argus said it has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. Argus noted that the AOM platform offers real-time price transparency daily between 4pm and 4:30pm London time for […]
In the UK, Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe. SAF trade at the key ARA hub is growing quickly as stricter emissions reduction targets around the world drive rising aviation demand for this fuel, which […]
In Israel, Evogene Ltd. received a letter from the Nasdaq Stock Market LLC indicating that the company is currently not in compliance with Nasdaq Rule 5550(a)(2), as the company’s closing bid price for its ordinary shares has been below $1.00 per share for the last 30 consecutive business days. The Nasdaq Stock Market Rules provide […]
In Brazil, Reuters reports that sugarcane millers have decided to leave the ethanol market to their corn-based bretheren, at least in part, in order to produce more sugar, which currently provides a better return. When the next sugarcane season kicks off in April, millers plan to divert 10% more cane towards sugar production instead of […]
In Malaysia, Reuters reports palm oil prices are expected to rise over the next few months in part due to increasing demand for biodiesel as well as stagnating production in key countries Indonesia and Malaysia. Palm oil prices have already increased 10% in 2024. Growth in palm oil is expected to be the lowest in […]
In the Netherlands, Argus has launched B30 Ucome dob ARA range marine biodiesel blend assessments, replacing a calculated fob ARA range blend price. The assessment will comprise 30pc used cooking oil methyl ester (Ucome) and 70pc very-low sulfur fuel oil (VLSFO). Trade of marine biodiesel blends in northwest Europe has been impacted by changes to […]
In Washington, the Energy Information Administration says the price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years. The decline in the price of credits, renewable identification numbers (RINs), is due primarily to lower costs for […]
