Tag: Soy oil

Brazilian soy oil demand seen jumping to 3.6 million tons in 2018 with B10

Brazilian soy oil demand seen jumping to 3.6 million tons in 2018 with B10

October 5, 2017 |

In Brazil, soy oil demand is expected to jump to 3.6 million metric tons in 2018 as a result of the biodiesel blend increasing to 10% a year early rather than going to 9%. For the 8% blend in 2017, the demand is seen at 2.9 million tons. Soybean processing for biodiesel production will rise […]

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Summer rains hit German rapeseed crop hard but market still waiting for EU’s Argentine decision

Summer rains hit German rapeseed crop hard but market still waiting for EU’s Argentine decision

September 5, 2017 |

In Germany, persisting summer rains have damaged the rapeseed crop to the point where European production is seen falling to just 21.6 million metric tons. French production will help to offset yield losses but Germany’s crop will still negatively impact supplies. Supply tightness will provide support to rapeseed oil prices in the face of pressure […]

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Chinese open up again for Argentine soy oil just in the nick of time

Chinese open up again for Argentine soy oil just in the nick of time

August 28, 2017 |

In Argentina, while the US biodiesel market closed, the Chinese soy oil market reopened following nearly a year when its doors too were closed. In 2015, Argentina exported $1.4 billion worth of soy oil to China. The reopening of the market is as a result of an agreement reached by the heads of state of […]

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D4 RINs and soy oil prices spike following duty announcement on biodiesel imports

D4 RINs and soy oil prices spike following duty announcement on biodiesel imports

August 23, 2017 |

In Illinois, D4 RINs spiked to the year’s high of $1.20 following the news that the Department of Commerce would lob anti-dumping and countervailing duties on biodiesel imports from Argentina and Indonesia, up from $1.11 ahead of the announcement, but they slipped back to $1.15 as the market absorbed the news. Soy oil prices also […]

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Soy oil futures strengthen on ITC biodiesel dumping stance and could go higher

Soy oil futures strengthen on ITC biodiesel dumping stance and could go higher

May 10, 2017 |

In Illinois, soy oil futures rose late last week in response to the US International Trade Commission’s determination that Argentina and Indonesia may be dumping biodiesel on the US market. Rabobank expects a significant tariff similar to the one implemented by the European Union in 2013 will eventually be lobbed on those imports, which will […]

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Argentina eyes more biodiesel exports in light of low soy oil prices

Argentina eyes more biodiesel exports in light of low soy oil prices

October 20, 2016 |

In Argentina, biodiesel exports are expected to rise again thanks to falling soy oil prices and biodiesel processing facilities located at ports. Soy oil prices have fallen as China chooses to import raw soybeans for crushing domestically while India chooses between soy oil and palm oil depending on price point. Soy oil prices have fallen […]

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Higher soy oil prices rekindle food vs fuel debate in Argentina

Higher soy oil prices rekindle food vs fuel debate in Argentina

June 7, 2016 |

In Argentina, soy oil prices on the Chicago markets have jumped 30% since early March, which has led to a return of the food vs fuel debate locally. The fact that less than 20% of the oilseed is actually oil, the local industry argues that if demand for biodiesel increases and farmers respond with more […]

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Market share for soy oil rises to 77% as Brazilian biodiesel feedstock

Market share for soy oil rises to 77% as Brazilian biodiesel feedstock

February 8, 2016 |

In Brazil, soy oil continues to be the feedstock of choice, with 77% of all biodiesel produced in 2015 coming from soy oil, up from 75% in 2014. A total of 3.9 billion liters were produced during the period, 15% more than the previous year. The boost in soy oil as a feedstock comes as […]

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India’s record palm oil imports to be tempered by soaring soy oil demand in 2016

India’s record palm oil imports to be tempered by soaring soy oil demand in 2016

December 29, 2015 |

In India, palm oil imports are expected to rise marginally by 100,000 metric tons through October 2016 from current record imports to 9.7 million tons. Concerns about impacts from El Niño on palm oil production has seen prices rise, limiting imports, with increased demand instead likely to be served by soy oil. India and China […]

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Biodiesel bolo factor slips to lowest in six months

Biodiesel bolo factor slips to lowest in six months

July 31, 2014 |

In New York state, the biodiesel bolo factor—the difference between household heating oil and soy oil— fell to minus 23.5 cents/gal, the lowest since Feb. 3. Cheaper soy oil prices due to an expected bumper crop and leading to improved biodiesel margins having been outweighing softer heating oil prices.  

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