# Renewables Growth Prompts A Feedstock Demand Surge | Seeking Alpha

> Strong renewable diesel demand has pushed hydrotreated vegetable oil and waste feedstock prices up sharply, roughly doubling over 12 months. Soybean oil exports from the US and Argentina rose 7.5% in the 2020-21 marketing year to 7.1 million tons.

- Date: 2021-06-07 · published 2021-06-07T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46720-renewables-growth-prompts-a-feedstock-demand-surge-seeking-alpha
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Biofuel feedstock demand is pulling vegetable oils higher and tightening the soybean oil and palm oil balance, which supports prices for both oils.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-02-27 | [Soy oil demand soars amid renewable diesel growth \| CHS Inc.](https://feedsoft.ai/events/15333-soy-oil-demand-soars-amid-renewable-diesel-growth-chs-inc.md) | -1.3% | -8.2% |
| SBO | 2023-08-22 | [Don’t write-off renewable diesel; feedstock demand is only in the](https://feedsoft.ai/events/34660-don-t-write-off-renewable-diesel-feedstock-demand-is-only-in-the.md) | -1.1% | -8.2% |
| SBO | 2021-04-13 | [Renewable Diesel Feedstock – Green Fuel and Affordable Food Part 2 \| S&P Global](https://feedsoft.ai/events/47458-renewable-diesel-feedstock-green-fuel-and-affordable-food-part-2-s-and-p-global.md) | +7.3% | +19.6% |
| SBO | 2026-08-27 | [Biofuel Plants Near Capacity As Feedstock Demand Grows - RFD](https://feedsoft.ai/events/15001-biofuel-plants-near-capacity-as-feedstock-demand-grows-rfd.md) | +8.0% | +1.3% |
| SBO | 2021-08-11 | [US renewable diesel production faces headwinds from high feedstock costs](https://feedsoft.ai/events/45443-us-renewable-diesel-production-faces-headwinds-from-high-feedstock-costs.md) | -2.5% | -10.6% |
| PALMOIL | 2020-09-14 | [Renewable Fuels Demand Stimulates Hedging Opportunities](https://feedsoft.ai/events/50995-renewable-fuels-demand-stimulates-hedging-opportunities.md) | +5.7% | +2.2% |
| PALMOIL | 2025-08-07 | [Analysis of Feedstock Policy on U.S. Renewable Fuels Production \| Stillwater Associates](https://feedsoft.ai/events/15099-analysis-of-feedstock-policy-on-u-s-renewable-fuels-production-stillwater.md) | +3.0% | +4.7% |
| PALMOIL | 2022-04-26 | [Biofuel feedstocks supply and demand - two key challenges - Fastmarkets](https://feedsoft.ai/events/15399-biofuel-feedstocks-supply-and-demand-two-key-challenges-fastmarkets.md) | +10.6% | -0.0% |

## Sources

- seekingalpha.com: https://seekingalpha.com/article/4433466-renewables-growth-prompts-feedstock-demand-surge

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.