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Fastmarkets argues that Brazil's domestic soyoil prices increasingly diverge from export benchmarks as biodiesel mandates rise. It calls for domestic prices to replace export-parity models in biodiesel pricing.
A growing gap between Brazilian domestic soyoil and export prices changes how biodiesel and soyoil cargoes are priced. This could alter export flows and basis levels for soybean oil in South America.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.