ACX launches physical biofuel trading platform in Abu Dhabi
Global commodities exchange ACX has launched a physical biofuels trading platform in Abu Dhabi. Part of the ACX Group, the company's ACXBiofuels physical trading platform will cover trading in fatty acid methyl esters (FAME), rapeseed methyl esters (RME), used cooking oil methyl esters (UCOME), hydrotreated vegetable oil [… ]
Heat wave: Temperature starts to rise this Thursday (14) and drops humidity throughout Brazil
According to the most recent forecasts, from this Thursday (14th) the rains are expected to be even more irregular in the country's main producing sources. A high pressure system will gain strength and trigger a heat wave in the coming days. Also from today the temperatures start to rise. “A cold front advanced over […]
Argentina changes the soybean market
On the Chicago Stock Exchange, soybeans closed lower, looking at what is happening in Argentina, according to information released by TF Agroeconomic. “The soybean contract for January24, the next date negotiated in the USA, closed at a low of -1.21 %, or $ -16.25 cents/bushel at $ 1307.50”, he comments. “The price for May24, a reference for […]
WTO to review EU countervailing duties on biodiesel imports from Indonesia
The Dispute Settlement Body (DSB) of the World Trade Organization (WTO) has agreed to Indonesia's request to review the European Union's (EU) countervailing duties on biodiesel imports from Indonesia, as reported by Biodiesel magazine. In response to the European Biodiesel Council's request on July 4, […]
Attack damages grain facility in Ukraine
An overnight Russian drone strike damaged Ukrainian grain infrastructure near the Danube River, as reported by Reuters and confirmed by Odessa regional governor Oleh Kiper. The incident, which occurred on December 6 in the port district of Izmail, crucial for Ukrainian grain exports in recent months, resulted in […]
COP28 approves agreement to move countries away from fossil fuels
After intense negotiations, the United Nations Conference on Climate Change approved a potentially historic agreement this Wednesday (13), expanding the work calendar. The outcome document reflects, for the first time in the history of UN climate conferences, the transition of nations from fossil fuels to alternative energy sources. The Emirates […]
Argentina: Milei government announces first economic measures, such as increasing the exchange rate and ending subsidies
Argentina's Economy Minister, Luis Caputo, announced on Tuesday night (12) the first economic package of Javier Milei's government, sworn in this Sunday (10) under the banner of reducing the public sector and state interference in the economy . Caputo began his speech with the statement that the country was moving towards […]
ITAL celebrates its 60th anniversary with book launch
We had the privilege of being actively involved in the launch of the book “ITAL 60 ANOS – Feeding the future with science and technology”, an initiative by the Institute of Food Technology (ITAL). The event, held last Tuesday (12), celebrated six decades of innovation and excellence in the field of food technology. Since its founding in […]
Argentina suspends applications for export licenses for agricultural products
The Argentine government has suspended, until further notice, new applications for export licenses for grains and oilseeds, amid speculation about possible economic measures by the country's new president, Javier Milei, as reported by AgriCensus. At 5pm local time on December 11th, they officially implemented the suspension after a day of high […]
