# Argentina raises biodiesel price to $635.5 per ton for April  : The Daily Digest

> Argentina raised its biodiesel purchase price to about $653.5 per metric ton, retroactive to sales from April 1. The government adjusts the price monthly based on soybean oil feedstock prices. The 10% biodiesel mandate is supported by manipulating taxes and export tariffs on soy products.

- Date: 2019-04-08 · published 2019-04-08T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/59468-argentina-raises-biodiesel-price-to-635-5-per-ton-for-april-the-daily-digest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher guaranteed biodiesel prices support Argentine biodiesel output and soy oil use, which tightens soybean oil supply for export and supports soy oil prices.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-09-21 | [Biodiesel prices soar in Germany, up 30% compared to mid-August  : The Daily Digest](https://feedsoft.ai/events/57169-biodiesel-prices-soar-in-germany-up-30-compared-to-mid-august-the-daily-digest.md) | -2.3% | +3.7% |
| SBO | 2018-07-24 | [France's Avril Raises Biodiesel Output On Higher Oil Prices, Demand](https://feedsoft.ai/events/64125-france-s-avril-raises-biodiesel-output-on-higher-oil-prices-demand.md) | +1.2% | +2.0% |
| SBO | 2018-03-12 | [Indonesian biodiesel production seen jumping to 3.5 million tons this year  : The Daily Digest](https://feedsoft.ai/events/65877-indonesian-biodiesel-production-seen-jumping-to-3-5-million-tons-this-year-the.md) | +1.8% | +0.3% |
| SBO | 2019-07-16 | [UFOP says that without biodiesel blending vegetable oil prices would collapse further  : The Daily Digest](https://feedsoft.ai/events/58194-ufop-says-that-without-biodiesel-blending-vegetable-oil-prices-would-collapse.md) | -1.9% | +4.8% |
| SBO | 2026-04-24 | [CPO prices to remain above RM4,500 per tonne on biodiesel expansion - MPOC \| The Star](https://feedsoft.ai/events/19813-cpo-prices-to-remain-above-rm4-500-per-tonne-on-biodiesel-expansion-mpoc-the.md) | +3.9% | +0.6% |
| SOY | 2018-05-29 | [Markets in the morning: Oilseeds: Argentina raises](https://feedsoft.ai/events/65108-markets-in-the-morning-oilseeds-argentina-raises.md) | -3.8% | -16.0% |
| SOY | 2021-11-03 | [Rise of biodiesel leads to jump in cooking oil prices, skyrocketing demand for soybeans \| Here & Now](https://feedsoft.ai/events/44128-rise-of-biodiesel-leads-to-jump-in-cooking-oil-prices-skyrocketing-demand-for.md) | -3.6% | -1.3% |
| SOY | 2018-09-26 | [Argentina, IMF reach deal to boost financing to $57 billion \| AP News](https://feedsoft.ai/events/63332-argentina-imf-reach-deal-to-boost-financing-to-57-billion-ap-news.md) | +2.4% | +1.4% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/argentina-raises-biodiesel-price-to-635-5-per-ton-for-april/

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