# Renewable diesel drives growth in 2019 biomass-based diesel imports -
		U.S. Energy Information Administration (EIA)

> The EIA reported that U.S. biomass-based diesel imports rose 26% in 2019 to more than 27,000 b/d, reversing three years of decline. The growth came mainly from renewable diesel shipped from Singapore. The article notes that federal and state policies largely drive demand for these fuels.

- Date: 2020-06-02 · published 2020-06-02T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/52475-renewable-diesel-drives-growth-in-2019-biomass-based-diesel-imports-u-s-energy
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher imports of feedstock-based diesel point to modest additional demand for fats and oils used in biofuels. The effect on soybean oil prices is small at this volume.

## Read by commodity

- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-05-04 | [U.S. imports of biomass-based diesel increased 12% in 2020 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/46961-u-s-imports-of-biomass-based-diesel-increased-12-in-2020-u-s-energy-information.md) | -0.8% | -2.4% |
| SBO | 2022-02-17 | [Biodiesel Industry Bleeds Red in 2021 While Renewable Diesel Production Explodes](https://feedsoft.ai/events/42786-biodiesel-industry-bleeds-red-in-2021-while-renewable-diesel-production-explodes.md) | +6.8% | +4.4% |
| SBO | 2021-03-08 | [US government to expand biofuels forecasts as renewable diesel sector grows - World - Business Recorder](https://feedsoft.ai/events/48004-us-government-to-expand-biofuels-forecasts-as-renewable-diesel-sector-grows.md) | +9.1% | +10.7% |
| SBO | 2022-01-20 | [USDA sees little renewable diesel benefit for soybean oil \| Farmtario](https://feedsoft.ai/events/43241-usda-sees-little-renewable-diesel-benefit-for-soybean-oil-farmtario.md) | +1.6% | +5.0% |
| SBO | 2019-10-08 | [Argentina soybean exports revised downward \| 2019-10-08  \| World Grain](https://feedsoft.ai/events/56411-argentina-soybean-exports-revised-downward-2019-10-08-world-grain.md) | -0.4% | +6.2% |

## Sources

- eia.gov: https://www.eia.gov/todayinEnergy/detail.php?id=43935

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