# European FAME 0 slips into backwardation due to influx of Q2 biodiesel imports  : The Daily Digest

> European FAME 0 biodiesel moved into backwardation of about $45/ton as roughly half a million tons of biodiesel from Indonesia, Malaysia and Argentina are expected to arrive between April and July. A possible anti-dumping investigation into soy-based biodiesel is also prompting buyers to consider palm-based material.

- Date: 2018-05-01 · published 2018-05-01T12:00:00.000Z
- Category: trade · region Europe · magnitude low
- Page: https://feedsoft.ai/events/65109-european-fame-0-slips-into-backwardation-due-to-influx-of-q2-biodiesel-imports
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Heavy import arrivals add supply to the European biodiesel market while buyers shift toward palm-based product, supporting palm oil demand and pressuring soybean oil exports to Europe.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2017-12-28 | [Canadian canola benefiting from US duties on Argentine and Indonesian biodiesel  : The Daily Digest](https://feedsoft.ai/events/67573-canadian-canola-benefiting-from-us-duties-on-argentine-and-indonesian-biodiesel.md) | +4.6% | +4.2% |
| PALMOIL | 2023-11-01 | [WTO agrees dispute panel to review EU import duties on Indonesian biodiesel](https://feedsoft.ai/events/15688-wto-agrees-dispute-panel-to-review-eu-import-duties-on-indonesian-biodiesel.md) | +2.7% | +5.7% |
| PALMOIL | 2019-04-15 | [Palm oil-based biodiesel exports to China and EU surge in first…](https://feedsoft.ai/events/59478-palm-oil-based-biodiesel-exports-to-china-and-eu-surge-in-first.md) | +0.1% | -9.1% |
| PALMOIL | 2018-02-05 | [WTO backs Indonesia on EU’s biodiesel AD duties - PortCalls Asia](https://feedsoft.ai/events/66369-wto-backs-indonesia-on-eu-s-biodiesel-ad-duties-portcalls-asia.md) | +0.4% | -0.4% |
| PALMOIL | 2018-03-22 | [Trade Ministry seeks to boost biodiesel exports to Europe - ANTARA News](https://feedsoft.ai/events/65880-trade-ministry-seeks-to-boost-biodiesel-exports-to-europe-antara-news.md) | +0.1% | +0.1% |
| SBO | 2018-03-07 | [Europe struggles to stem biodiesel import flood](https://feedsoft.ai/events/66095-europe-struggles-to-stem-biodiesel-import-flood.md) | -0.9% | -1.9% |
| SBO | 2019-07-03 | [ASA Disappointed in Commerce Decision to Reduce Duties on Subsidized Biodiesel Imports - American Soybean Association](https://feedsoft.ai/events/58197-asa-disappointed-in-commerce-decision-to-reduce-duties-on-subsidized-biodiesel.md) | +1.1% | +0.3% |
| SBO | 2018-03-26 | [EU biodiesel sector faces cheap imports](https://feedsoft.ai/events/66098-eu-biodiesel-sector-faces-cheap-imports.md) | +2.0% | -1.2% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/european-fame-0-slips-into-backwardation-due-to-influx-of-q2-biodiesel-imports/

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