
Renewable diesel producers face an oversupply that is squeezing US refiner margins. Large producers are willing to accept lower margins to outlast smaller competitors.
Imports under the Biomass-based Diesel Blender's Tax Credit are expected to rise until the credit is replaced by the Clean Fuel Production Tax Credit next year.
Excess renewable diesel output and tax-credit-driven imports weigh on demand for soybean oil and other fats and oils used as feedstock. The planned switch to the PTC should discourage imports and modestly support domestic feedstock demand.
Setelah 351 peristiwa kebijakan bearish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,7% sampai +1,8%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.