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GrainCorp is working on a proposed renewable-fuel refinery in Brisbane that could use tallow, used cooking oil and canola oil as feedstocks. The proposal comes as Australia, which imports about 90% of its diesel, seeks domestic fuel options amid disruption to global oil supplies.
If the refinery proceeds, demand for tallow and other feedstocks could rise while domestic renewable-fuel output partly displaces diesel imports. The project is still proposed, so any price effect is likely limited for now.
journalarta.comJournalArta GlobalNov 6, 2026After 21 past bearish policy events, ULSD / Diesel moved a median -2.4% over 5 sessions (38% higher; middle half -6.5% to +4.7%), and -1.1% 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.
