
Low U.S. distillate stocks and reduced Chinese diesel export availability kept international fuel markets tight, while Brazilian soybean planting reached 54.3% of the area. Brazilian biodiesel contracting for the sixth two-month period totaled 1.64 million cubic meters, confirming sufficient supply; the ANP’s B100 price fell 2.4% to R$5,467 per cubic meter.
Tight diesel availability supports diesel replacement costs, but sufficient Brazilian biodiesel supply gives buyers more bargaining power and limits upward pressure on biodiesel procurement costs. Lower U.S. soybean oil stocks may also support vegetable-oil prices.
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.