Loading…
Energy Intelligence expects US renewable diesel demand to rise sharply through the middle of the decade. The forecast holds regardless of federal fossil fuel policy.
Sustained renewable diesel growth would keep soybean oil in strong demand as a feedstock, supporting its price relative to other vegetable oils.
energyintel.comAuthor Frans Koster, NYSep 22, 2020After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
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.
