
Industrial Info reports that the EPA has granted Renewable Fuel Standard hardship waivers to several small refineries, and the National Biodiesel Board has urged the president to halt them. The biodiesel industry also faces debate over the future of its tax credit.
The article notes more than $7.7 billion in active U.S. biodiesel capital projects.
Uncertainty over waivers and the tax credit could reduce biodiesel margins and blending demand for soybean oil. This is a modest bearish influence on the oil complex.
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.