Loading…
In Germany, biodiesel prices fell below agricultural diesel at the end of February 2019, the first time in under a year that farmers paid less for biodiesel. The drop followed weaker demand and a sharp fall in vegetable oil prices.
Lower vegetable oil prices and weaker biodiesel demand point to softer European vegetable oil values, which weighs on rapeseed and palm oil pricing.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.