# Biodiesel DAP Paulínia price reaches record high for 2024

> The Biodiesel DAP Paulínia spot price hit a 2024 high of Real 6,115/m³ on October 24, up about 30% year on year. The rise reflects high soybean oil prices, a soybean oil shortage in Mato Grosso, and a blending mandate increase to 14%.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: policy · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/6845-biodiesel-dap-paulinia-price-reaches-record-high-for-2024
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger biodiesel prices support soybean oil demand and crush margins, which tends to lift soybean oil and boost meal supply as a byproduct.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-01-06 | [Iowa biodiesel production smashes record in 2016](https://feedsoft.ai/events/72883-iowa-biodiesel-production-smashes-record-in-2016.md) | +2.4% | -3.3% |
| SBO | 2019-01-10 | [Iowa produces record amount of biodiesel](https://feedsoft.ai/events/60967-iowa-produces-record-amount-of-biodiesel.md) | -0.3% | +8.8% |
| 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 | 2025-09-03 | [Higher RVOs Create Positive Outlook for Biodiesel](https://feedsoft.ai/events/15093-higher-rvos-create-positive-outlook-for-biodiesel.md) | -3.2% | -5.7% |
| SBO | 2019-04-08 | [Argentina raises biodiesel price to $635.5 per ton for April  : The Daily Digest](https://feedsoft.ai/events/59468-argentina-raises-biodiesel-price-to-635-5-per-ton-for-april-the-daily-digest.md) | -0.7% | -7.9% |
| SBM | 2019-01-10 | [Iowa produces record amount of biodiesel](https://feedsoft.ai/events/60967-iowa-produces-record-amount-of-biodiesel.md) | -2.8% | -4.2% |
| SBM | 2020-08-04 | [Record soybean oil use for biodiesel in May - McKeany-Flavell](https://feedsoft.ai/events/51685-record-soybean-oil-use-for-biodiesel-in-may-mckeany-flavell.md) | -1.7% | +6.1% |
| SBM | 2017-05-05 | [NBB asks for higher biodiesel RVO - Brownfield Ag News](https://feedsoft.ai/events/70868-nbb-asks-for-higher-biodiesel-rvo-brownfield-ag-news.md) | -1.0% | -3.9% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/102524-biodiesel-dap-paulnia-price-reaches-record-high-for-2024

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