The EPA is expected to release its proposed 2018 renewable fuel use requirements within days, according to Reuters. Traders expect no change to conventional targets and a modest increase in advanced biofuel volumes, and RIN prices rose by as much as 4 cents in anticipation.
The advanced biofuel and biomass-based diesel volumes set the demand for soybean oil feedstock used in biodiesel. A modest increase above expectations would support soybean oil prices, while a weaker figure would pressure them.
Na 842 eerdere opwaarts beleid-gebeurtenissen bewoog Sojaolie zich mediaan +0,2% over 5 sessies (52% hoger; middelste helft -1,6% tot +2,1%), en -0,5% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.