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FEATURE: Biodiesel fundamentals support higher blends, Brazil considers change

September 2, 2022 Comments Off

Shifting price structures in diesel and soybean oil markets could support an increased biodiesel blending in Brazil, market participants said, while discussions of a potential change in the country’s biodiesel mandate gained traction after a proposal was pushed, but ultimately excluded, during a provisionary measure in the country’s congress. Congressman Danilo Forte made the proposal on Aug. 31 to increase…