# Brazil's soyoil premium over Arg. collapses on shortage, bio policy - Fastmarkets

> The premium of Brazilian soyoil over Argentine soyoil collapsed to a negative $2/mt after Brazil allowed imported feedstock for biodiesel. The spread had hit a record $115/mt in late September, and soyoil imports are up fivefold this year to 625,518 mt.

- Date: 2020-11-19 · published 2020-11-19T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/50028-brazil-s-soyoil-premium-over-arg-collapses-on-shortage-bio-policy-fastmarkets
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expected Argentine soyoil imports into Brazil should ease Brazil's supply tightness and pressure Brazilian soyoil prices. Argentine crushers face weak farmer selling, which supports their domestic prices.

## Read by commodity

- SBO: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-02-03 | [China washes out soybean, vegoil cargoes amid poor margins - Fastmarkets](https://feedsoft.ai/events/48721-china-washes-out-soybean-vegoil-cargoes-amid-poor-margins-fastmarkets.md) | +2.8% | +10.2% |
| SBO | 2026-06-08 | [Soybean price commentary: Futures fall on US tariffs, bearish derived and external markets - Fastmarkets](https://feedsoft.ai/events/5195-soybean-price-commentary-futures-fall-on-us-tariffs-bearish-derived-and.md) | -1.2% | -3.0% |
| SBO | 2021-06-14 | [Palm oil ends at over 4-month low on weaker soyoil, sliding demand - Markets - Business Recorder](https://feedsoft.ai/events/10806-palm-oil-ends-at-over-4-month-low-on-weaker-soyoil-sliding-demand-markets.md) | -10.4% | -11.7% |
| SBO | 2025-02-05 | [Soybean Oil’s Biofuel Share Faces Growing Pressure](https://feedsoft.ai/events/15146-soybean-oil-s-biofuel-share-faces-growing-pressure.md) | +1.5% | -3.0% |
| SBO | 2024-05-17 | [U.S. Biofuel Markets Are in Turmoil Over Imports From China - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/30345-u-s-biofuel-markets-are-in-turmoil-over-imports-from-china-energy-news-top.md) | +1.6% | +2.7% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/brazil-s-soyoil-premium-over-arg-collapses-on-shortage-bio-policy/

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