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The EU has removed anti-dumping duties on biodiesel from 13 Argentine and Indonesian producers following rulings from the European Court of Justice and the WTO. Verbio's CEO expects a surge of imports from April, and ADM will suspend production at a German biodiesel site.
Imports could reach 3 to 5 million tonnes in 2018.
Imports of 3 to 5 million tonnes would displace EU biodiesel made mainly from rapeseed oil, reducing European oilseed crush demand. Lower EU feedstock demand is bearish for vegetable oil prices.
energy-reporters.comGabriel Cruz26 Mar 2018Setelah 152 peristiwa perdagangan bearish sebelumnya, Minyak Kedelai bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -2,1% sampai +2,1%), dan -0,1% 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.
