Memuat…
The EPA retroactively granted five new small refinery exemptions for 2017 biomass-based diesel obligations, the NBB said. The exemptions cut the 2017 RVO by an additional 48 million gallons, bringing the total reduction to 240 million gallons, or 12 percent.
Cumulative small refinery exemptions for 2015 to 2017 have reduced biomass-based diesel demand by more than 360 million gallons.
Lower mandated blending volumes reduce demand for soybean oil feedstock used in biodiesel, which weighs on soybean oil prices and crush margins. The retroactive nature means the lost demand will be felt through 2019.
fuelsmarketnews.comFuels Market News19 Mar 2019Setelah 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.
