Argentine biodiesel exporters warned that US anti-dumping duties, requested by the National Biodiesel Board, could make their exports unviable. The US took 90 percent of Argentina's 1.6 million tonnes of biodiesel exports in 2016, and the EU and Peru have already restricted imports.
A US hearing is scheduled for next month.
Losing the US biodiesel market would push Argentine supply into a small domestic market, lowering soybean oil demand from biofuel processing and weighing on soybean oil prices. The outcome of the US hearing is the key uncertainty.
Na 152 eerdere neerwaarts handel-gebeurtenissen bewoog Sojaolie zich mediaan -0,2% over 5 sessies (47% hoger; middelste helft -2,1% tot +2,1%), en -0,1% 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.