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Renewable Energy Group reports that demand for biodiesel and renewable diesel remains strong. The source text is brief and gives no further figures.
Steady biodiesel and renewable diesel demand supports soybean oil use in the fuel sector, which can underpin vegetable oil prices.
biomassmagazine.comAug 6, 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.
