Biofuels experts say German ban on subsidies for palm, soy oil will boost rapeseed demand

In Germany, the Executive Officer of the German Association for Oil Seed Processing Industries, Jörg Eggers, said that the anticipated new German policy of excluding palm oil or soya oil from federal biofuel support commencing next January would, in the short term, increase rapeseed prices. He criticized the government for proposing to exclude fuels produced under standards established by organizations such as the Roundtable on Sustainable Palm Oil, indicating that oils so produced were certified not to include any oils produced from newly cleared rainforest.

Meanwhile, market researchers Produkt+Markt projected that the winter rapeseed cultivation area in Germany would increase by 4.1 percent, or 121,000 hectares, resulting in a potential increase of 10 Mgy of rapeseed oil.

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