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Argentine biodiesel producers are at an impasse with the government after a freeze on biodiesel prices while soybean oil prices kept rising. Producers have stopped supplying biodiesel for blending, so pump fuel lacks the mandated 10% blend.
Halted Argentine biodiesel output reduces domestic soy oil demand and could push more oil into export channels, while rising soy oil costs squeeze the sector.
biofuelsdigest.comMeghan SappJan 20, 2020After 196 past neutral policy events, SBO moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), 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.
