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NEVES WRAPS UP VISIT TO CUBA WITH MEETING WITH RAUL CASTRO (Cape Verde and Cuba)

Posted by Gilmour Poincaree on January 22, 2009

20-01-09

A Semana

PUBLISHED BY ‘A SEMANA’ (Cape Verde)

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PUBLISHED BY ‘A SEMANA’ (Cape Verde)

Posted in AGRICULTURE, BIODIESEL, BIOFUELS, CAPE VERDE, COMMERCE, COMMODITIES MARKET, CUBA, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, PUBLIC SECTOR AND STATE OWNED ENTERPRISES, RECESSION, REFINERIES - PETROL/BIOFUELS, REGULATIONS AND BUSINESS TRANSPARENCY, RESTRUCTURING OF THE PUBLIC SECTOR, THE FLOW OF INVESTMENTS, VEGETABLE OILS | Leave a Comment »

NZ AIRLINE JETLINER OPERATES PARTLY ON VEGETABLE OIL – JATROPHA: BOEING AND VIRGIN ATLANTIC CARRIED OUT A SIMILAR TEST FLIGHT THAT INCLUDED A BIOFUEL MIXTURE THAT WAS DISMISSED AS A PUBLICITY STUNT BY ENVIRONMENTALISTS

Posted by Gilmour Poincaree on December 31, 2008

Wednesday, Dec 31, 2008

Associated Press – Wellington

PUBLISHED BY ‘THE TAIPEI TIMES’ (Formosa – Taiwan)

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PUBLISHED BY ‘THE TAIPEI TIMES’ (Formosa – Taiwan)

Posted in AIR TRANSPORT INDUSTRY, BIOFUELS, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENERGY INDUSTRIES, ENVIRONMENT, FINANCIAL CRISIS 2008/2009, FINANCIAL MARKETS, FINANCIAL SERVICES INDUSTRIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, MACROECONOMY, NEW ZEALAND, O BIODIESEL, RECESSION, REFINERIES - PETROL/BIOFUELS, REGULATIONS AND BUSINESS TRANSPARENCY, THE FLOW OF INVESTMENTS, TRANSPORT INDUSTRIES, VEGETABLE OILS | 1 Comment »

GOLDEN TICKET TO GLOBAL EXPORT ARENA (Malaysia)

Posted by Gilmour Poincaree on December 25, 2008

Thursday December 25, 2008

by Hanim Adnan – Assistant News Editor – The Star

PUBLISHED BY ‘THE STAR’ (Malaysia)

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PUBLISHED BY ‘THE STAR’ (Malaysia)

Posted in AGRICULTURE, COMMERCE, COMMERCIAL PROTECTIONISM, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENVIRONMENT, EUROPE, FINANCIAL CRISIS 2008/2009, FOREIGN POLICIES, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, INTERNATIONAL RELATIONS, MALAYSIA, RECESSION, REGULATIONS AND BUSINESS TRANSPARENCY, VEGETABLE OILS | 1 Comment »

OIL PRICES WIDENED U.S. TRADE DEFICIT – When it comes to everything from oil to olives, the U.S. buys more from other countries than it sells to them.

Posted by Gilmour Poincaree on November 14, 2008

Originally published Friday, November 14, 2008 at 12:00 AM

by Ellen Simon

The Associated Press

That’s why we have a trade deficit — the gap between the dollar value of U.S. exports to other OLIVE OIL ... LOTS OF IT ...countries and the value of everything imported to the U.S.

The U.S. has had a trade deficit for most of the last 30 years, as the country started buying more goods manufactured abroad. (There was a brief surplus in 1992.)

The sharp rise in oil prices since 2004 widened the deficit, since that meant we were sending more dollars overseas for each barrel of oil. The related decline in the dollar for much of that stretch exacerbated the deficit further by making imports more expensive for Americans — and U.S. exports cheaper for the rest of the world.

The recent decline in oil prices will help ease the trade deficit, but won’t erase it. As of Thursday, the trade deficit in September was $56.5 billion, down from $59.1 billion in August.

Here are some questions and answers about the trade deficit.

Q. What counts as trade?

A. Some of what’s traded is obvious: stuff. Barrels of oil from Saudi Arabia and containers of coal from West Virginia. Jet engines, TVs, steel beams, toy trains, DVDs, lumber, diamonds, canoes and pens. Tomatoes from Mexico and chocolate from Belgium. Tracksuits from China and cashmere scarves from Scotland. Nuclear-fuel materials.

Also included are royalties and licensing fees. These increased by $900 million between July and August, coinciding with the Beijing Olympics.

Some of the less obvious components are the cost of freight and port services and travel and passenger fares. If you fly to Spain on Iberian Airlines, you’re part of the trade deficit.

Q. With which countries does the U.S. have the largest deficit?

A. The U.S. bought $27.8 billion more goods from China in September than it sold, $13.4 billion more from nations in the Organization of Petroleum Exporting Countries, $8.3 billion more from the European Union and $7.8 billion more from Canada.

The U.S. also has trade deficits ranging from more than $5 billion to $700 million with the following countries, listed in order starting with the largest deficit: Japan, Mexico, Venezuela, Nigeria, Taiwan and South Korea.

Q. Are there any countries the U.S. doesn’t have a trade deficit with?

A. Yes, but those surpluses are nothing to brag about. In August, the U.S. had a $1.7 billion trade surplus with Hong Kong, $900 million with Singapore, $800 million with Australia and $200 million with Egypt.

Q. What’s caused our trade deficit?

A. There’s political debate about what’s behind the trade deficit, but there are factors everyone agrees on. Most notably: The price of oil, which quadrupled between 2002 and 2006, accounted for half the deterioration in the trade deficit during that period, according to the Federal Reserve Bank of San Francisco.

Beyond this, opinions are split. A report in 2000 from a congressional committee on trade deficits issued two statements — one Republican, the other Democratic — on what caused the deficit. Greatly simplified, Republicans said the deficit increased as U.S. wealth increased and Americans bought more, while Democrats blamed a low U.S. savings rate and a decline in manufacturing.

Q. Why does the trade deficit matter?

A. You can think of the trade deficit as a measure of how well U.S. companies are doing relative to their overseas rivals — especially rivals that sell a lot of goods to Americans. A big trade gap might mean, for example, that Japanese and European automakers are selling lots of cars in the U.S. — while American car companies are doing little business in foreign markets.

Copyright © 2008 The Seattle Times Company

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PUBLISHED BY ‘THE SEATTLE TIMES’ (USA)

Posted in COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, FUELS, INDUSTRIES, PETROL, TRADE DEFICIT - USA, USA, VEGETABLE OILS | Leave a Comment »

DEPUTADO RECEBE GRUPO DE EMPRESÁRIOS ITALIANOS (Nova Friburgo – RJ – Brasil)

Posted by Gilmour Poincaree on November 2, 2008

02/11/2008

O deputado estadual e presidente da comissão de Agricultura da Assembléia Legislativa do Estado do O deputado estadual e presidente da comissão de Agricultura da Assembléia Legislativa do Estado do Rio de Janeiro (Alerj), Rogério Cabral (PSB)Rio de Janeiro (Alerj), Rogério Cabral (PSB), recebeu no último dia 22, em seu gabinete, a visita de empresários italianos interessados em fazer investimentos em agricultura familiar, inclusive no Centro-Norte fluminense, através do plantio de oleaginosas.

O grupo de empresários italianos foi formado por Paolo Franchett, Domenico Scalchi e Cesare Fea, que apresentaram suas propostas ao deputado. Segundo eles, a intenção é desenvolver a produção de óleo bruto vegetal (matéria-prima para o biodiesel), em parceria com pequenos proprietários e agricultores fluminenses. Depois da reunião no gabinete, o grupo conheceu o plenário da Alerj, onde foram oficialmente recepcionados por vários deputados.

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PUBLISHED BY ‘VOZ DA SERRA’ (Nova Friburgo – RJ – Brasil)

Posted in AGRICULTURA, AGRICULTURA FAMILIAR, AGRICULTURE, BIOCOMBUSTÍVEIS, BRASIL, CIDADES, COMMERCE, COMMODITIES MARKET, ECONOMIA - BRASIL, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, EUROPE, EXPANSÃO AGRÍCOLA, FLUXO DE CAPITAIS, INTERNATIONAL, INTERNATIONAL RELATIONS, ITALY, O BIODIESEL, O PODER LEGISLATIVO ESTADUAL, PARTIDO SOCIALISTA BRASILEIRO (PSB), PARTIDOS POLÍTICOS - BRASIL, POLÍTICA - BRASIL, POLÍTICA REGIONAL, RELAÇÕES INTERNACIONAIS - BRASIL, RJ, THE FLOW OF INVESTMENTS, VEGETABLE OILS, VEREADORES | Leave a Comment »

CHINA MARKET FOR COCO FIBER UNLIMITED – The Philippines is faced with unlimited market of up to 300 metric tons (MT) of coconut fiber in China yearly, but government has to boost coconut production in order to capture a larger chunk of the market.

Posted by Gilmour Poincaree on November 2, 2008

Sunday, November 2, 2008

by Melody M. Aguiba

Exporting coconut fiber to China opens up big opportunities for Filipino farmers specially from far-flung islands as Alabat in Quezon where Filcoco Ventures Inc. (FVI) is operating.

In partnership with Hainan Econ, a trading firm from China, FVI has put up a processing plant using Hainan’s technology and now exports coconut fiber weekly to China.

Coconut fiber commands a price beginning at $ 170 per MT in China, but processing it into geotextile, which is what China is already doing, will even raise the benefits for Filipino coconut growers.

China extensively needs coconut fiber that it turns into erosion-controlling nets used in combating desertification. China also gets the same raw material from Sri Lanka, India, or Vietnam.

“The Philippines should be the model here since we are the biggest producer of coconut,” said FVI President Noel. T. Florido in an interview.

Filcoco is now producing 6.25 MT of coconut fiber per day at Alabat as it has a capacity to employ 50 people. But the apparently bigger benefit is the company’s buying activity as it buys P20,000 worth of coconut husks daily or P600,000 per month. The husks otherwise simply go to waste without the FVI plant.

“We want to generate employment and help farmers because I’m from this island, a fourth class municipality. People here (48,000 population) are marginalized. But now they can already buy what they need,” he said.

FVI has started operating early this year a roll on, roll off shipping venture that transports goods (marine products, kalamansi, coconut products) from Alabat to the Quezon mainland. Located in the eastern coast off Pacific Ocean, the island can eventually produce processed coconut fiber or geotextile given the company’s plan for expansion.

FVI has a plan to expand to a total capacity of more than 100,000 MT per year by 2013. It has yet to fully utilize its total capacity of 12.5 MT per day by January or a total of 3,750 MT per year at 300 days.

Alabat has 14,400 hectares of land presently planted to coconut out of its 16,000-hectare area.

However, Florido insists government should encourage more coconut rehabilitation, fertilization, and planting, or else supply may run out in five to six years.

“The government should put someone with a mandate to rehabilitate coconut. The programs now are not enough to solve the problem. Government is supporting the construction of more malls (than planting of coconut). Our crushing plants (for coconut oil) are just operating at half their capacity because of the lack of supply,” he said.

Because of typhoon Milenyo and other calamities, even supply at Alabat has obviously declined.

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PUBLISHED BY ‘MANILA BULLETIN ON LINE’ (Philippines)

Posted in AGRICULTURE, ASIA, CHINA, COMMERCE, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, INDUSTRIAL PRODUCTION, INDUSTRIES, INTERNATIONAL, PHILIPPINES, VEGETABLE FIBERS, VEGETABLE OILS | Leave a Comment »

SOUTH FLORIDA COMMUTER TRAINS SWITCH TO BIODIESEL

Posted by Gilmour Poincaree on October 30, 2008

October 29, 2008

South Florida’s inter-county Tri-Rail system is to start operating on bio-diesel, the South Florida Regional Transportation Authority has announced today.

Eight of 10 Tri-Rail locomotives, which run between Miami, Fort Lauderdale and Palm Beach, will use a 99% blend of either palm or soy oil, official say. The other two locomotives will continue to use regular diesel.

Because of Miami’s warm climate, the Tri-Rail is one of the few commuter rail systems in the country that can tolerate such a high blend of bio-fuel (biodiesel will congeal at cold temperatures).

While the Tri-Rail locomotives use 7 percent more fuel when operating on biodiesel, the fuel costs approximately 30 cents per gallon less than diesel, according to the South Florida RTA.

– David Adams, Times Staff Writer

Posted by Times Editor at 12:57:42 PM on October 29, 2008

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PUBLISHED BY ‘THE FUELLING STATION’

Posted in AGRICULTURE, BIODIESEL, BIOFUELS, COMMODITIES MARKET, ECONOMIC CONJUNCTURE, ECONOMY, ENERGY, ENVIRONMENT, O BIODIESEL, THE FLOW OF INVESTMENTS, USA, VEGETABLE OILS | Leave a Comment »

ESPECTACULAR CRECIMIENTO DEL SECTOR DE LOS ACEITES VEGETALES PARA LA PRÓXIMA DÉCADA, SEGÚN ESTIMACIONES COMUNITARIAS

Posted by Gilmour Poincaree on October 28, 2008

28/10/2008

El sector de los aceites vegetales es el que puede tener un mayor crecimiento en la próxima década dentro de todos los sectores agrarios, de acuerdo con las estimaciones OECD-FAO y FAPRI, recogidas en la última actualización del informe las previsiones de los mercados agrarios hasta el 2017 publicadas por la Comisión Europea. Las estimaciones de consumo son optimistas, con un crecimiento esperado del 56-62% en 2008-2017 en relación con la década precedente. Este aumento se debe a una mayor demanda de alimentos, especialmente creciente en los países en desarrollo. La demanda de biodiésel supone un tercio de este crecimiento.

Las previsiones de precio apuntan a un crecimiento entre 87-132% en el período de estudio. Según FAPRI, habría un importante aumento del valor de los aceites comparado con el de las tortas, alcanzando un factor de 4,5 en 2017. OECD-FAO prevé un crecimiento más moderado, en línea con el ratio de la década anterior.

Argentina se consolida como exportador líder de aceite de soja, con un 30% de las exportaciones netas, a expensas de Brasil y de EEUU, según FAPRI. El aceite de palma seguirá siendo el aceite más consumido a nivel mundial. Malasia e Indonesia podrían aumentar sus exportaciones en un tercio, hasta los 5 millones de toneladas cada uno, de 2008 a 2017.

La UE rebasará a China como primer consumidor e importador de aceites. Para 2017 es previsible que la UE casi doble sus importaciones de 9 a 15 millones de toneladas (estimaciones OECD-FAO).

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PUBLISHED BY ‘AGRODIGITAL.COM’ (Spain)

Posted in AGRICULTURE, ARGENTINA, ASIA, CHINA, COMMERCE, COMMODITIES MARKET, ECONOMY, EUROPE, INTERNATIONAL, SOUTH AMERICA, SPAIN, VEGETABLE OILS | Leave a Comment »