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Argentine biodiesel exporters warned that US anti-dumping duties, requested by the National Biodiesel Board, could make their exports unviable. The US took 90 percent of Argentina's 1.6 million tonnes of biodiesel exports in 2016, and the EU and Peru have already restricted imports.
A US hearing is scheduled for next month.
Losing the US biodiesel market would push Argentine supply into a small domestic market, lowering soybean oil demand from biofuel processing and weighing on soybean oil prices. The outcome of the US hearing is the key uncertainty.
archives.lincolndailynews.com1 abr 2017Tras 152 eventos bajista de comercio pasados, Aceite de soja se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -2,1 % y +2,1 %), y -0,1 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
