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South American Soyoil premium fall as forward demand collapses

Writer's picture: Henri BardonHenri Bardon

28 Sep 2022 - Premium falter as EU has essentially banned Soyoil from feedstock choices under the Renewable Energy Directive III. Palm oil finally joined in the misery as it has also been banned under RED III and it had its worst day today down $66/MT to $698 and showing a contango to Jan at $730/mt


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