Brazilian biodiesel logistics fees fell by more than 30 reais per cubic meter nationwide for November and December negotiations, with the largest drop of 70 reais in Sorriso-Nova Mutum, Mato Grosso. Distributors used ample inventories and restricted diesel access to push offers lower, while producers face currency-driven feedstock costs.
Lower biodiesel logistics fees and ample inventories signal weaker near-term demand for soybean oil and other biodiesel feedstocks in Brazil, though currency volatility keeps the outlook uncertain.
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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.