Biodiesel Bulletin

Biodiesel Bulletin

 

Bean Oil Edges Higher Following Chinese Central Bank Policy Change

Soybean oil prices gained Monday investor’s exited bearish bets and additional simulative policy from the Chinese Central Bank. Prices for the bean oil advanced as excess rain in Argentina slowed harvest there, and speculation continued that truckers in Brazil could resume earlier protests, sending foreign buyers to the U.S. for supplies instead.

Reports over the weekend that China had taken…

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