EIA data showed biodiesel and renewable diesel producers used a record 1.14 billion pounds of soybean oil in May, the first month above 1 billion pounds. Renewable diesel accounted for 478 million pounds, and yellow grease and corn oil use also set records.
Record biofuel absorption of soybean oil tightens available supply for other uses and supports soybean oil prices, while the strong renewable diesel pull also lifts demand for feedstocks broadly.
Setelah 296 peristiwa laporan bullish sebelumnya, Minyak Kedelai bergerak median -0,0% selama 5 sesi (49% lebih tinggi; separuh tengah -1,8% sampai +2,0%), dan -0,5% 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.