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Palm oil futures on the rise
Canada News.Net
Wednesday 21st November, 2007
Malaysian crude palm futures have risen sharply, with financial players taking up new positions after rival soybean oil markets chalked up gains in Asian trade.
Palm oil is used in products ranging from chocolates and cosmetics to biofuels.
Palm oil and soybean oil usually track movements in the crude oil market because of growing demand for both commodities as feedstock for biodiesel.
Palm oil is up nearly 48 per cent this year and demand from the food and biodiesel sectors is still strong.  Email this story to a friend
Comments on this story
wwd
11-21-07, 07:44 PM |
Palm oil futures on the rise
Sustainable Bio energy like palm oil,soya bean,sugarcane,all grains,animal dungs,human dungs,jungles,forests and many other green bio energy can help in energy.They not only help to create sustainable energy but also green countries .More needs to done create new green nature bio-energy industry jobs,which also supplements as a food industry .
With economical use of energy and bio-energy, world can shift more into green sustainable bioenergy-source,which is actually the substance origin of crude oil.The energy cycle of bio energy chain should be enhanced and protected to enhance sustainable future dynamic bio-energy industry.
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FedUp
11-21-07, 08:29 PM |
Palm oil futures on the rise
Say bye, bye to more rain forest...
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Anonymous
11-22-07, 03:02 AM |
electric auto best and cleanest tranportantion for future ... Arab Drama everday is making world turn from mideast oil .....Opec continues robbing the world with Opec Arab designed terror war for profits. Opec Arabs on a 24 shopping spree buying up world wide assets with stolen profits from oil price spikes. Oppec approves of terror wars which give Opec new endless supplies of monies . a free bank ... Arab designed war for zillions in dollars of profits to buy up all nations valuable assets including valuable infrasture .. Iran nuke drama part of tension to drive up prices and starve the worlds poor to death.. it is working very well. Arabs plan to kill off worlds poor through starvation then enslave all others just as in ancient times.. history always repeats itself....constant Iran footdragging is not fooling the world. Opec has not fooled the world. Iran threatens world peace Irans threatens the worlds energy Iran threatens world fiancial markets .so why is thier still an IRANs
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