
The National Biodiesel Board says the EPA has denied some gap-year small refinery exemptions and hopes the remaining 14 pending at the Department of Energy will also be denied. The industry is also waiting on the 2021 and 2022 Renewable Volume Obligations, which the EPA is due to set by November 30.
Denying exemptions keeps biomass-based diesel demand intact, which supports soybean oil. The pending volume rule is a larger swing factor for future biodiesel demand.
Setelah 842 peristiwa kebijakan bullish sebelumnya, Minyak Kedelai bergerak median +0,2% selama 5 sesi (52% lebih tinggi; separuh tengah -1,6% sampai +2,1%), 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.