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![Soybean oil rise one std deviation and nearly +20% in last 3 months](https://static.wixstatic.com/media/6e2e80_240cf1db3e01484aa78f9f95f25946d3~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_240cf1db3e01484aa78f9f95f25946d3~mv2.webp)
Henri Bardon
Nov 7, 20241 min read
Soybean oil rise one std deviation and nearly +20% in last 3 months
Despite strong crush margins 1.59 ($58.45/mt) Soyoil rallies to 1.54X gasoil value similar pattern we saw in Nov22 in very different...
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![China UCO exports leap to 2.8 Mil MT with 47% going to US](https://static.wixstatic.com/media/6e2e80_2bfb97fd730746d987a6b87ca4d73f3d~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_2bfb97fd730746d987a6b87ca4d73f3d~mv2.webp)
Henri Bardon
Nov 6, 20241 min read
China UCO exports leap to 2.8 Mil MT with 47% going to US
What the data hides is that Singapore is a proxy US destination so in reality we can say that 71% of China's UCO exports are now going to...
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![Gasoil rises despite strong screen crack-margin and poor demand](https://static.wixstatic.com/media/6e2e80_6d40b637d86d41068a0bf9e0976699ea~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_6d40b637d86d41068a0bf9e0976699ea~mv2.webp)
Henri Bardon
Nov 5, 20241 min read
Gasoil rises despite strong screen crack-margin and poor demand
Gasoil has now retraced from its low of $648.50 on week 42 and is now trading at $691. Lower diesel exports from China in Nov at only...
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![Biodiesel feedstock use rise 13% but soy-oil decreases in mix again](https://static.wixstatic.com/media/6e2e80_fc32e98eb55f4950978ea598e02178c9~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_fc32e98eb55f4950978ea598e02178c9~mv2.webp)
Henri Bardon
Nov 4, 20242 min read
Biodiesel feedstock use rise 13% but soy-oil decreases in mix again
EIA reports that US Renewable Diesel and Biodiesel year-over-year use of Soybean Oil is now only up 2%, while overall feedstock use by...
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![South American Biodiesel production spikes](https://static.wixstatic.com/media/6e2e80_3893f124502749ae901e0bbd43210773~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_3893f124502749ae901e0bbd43210773~mv2.webp)
Henri Bardon
Oct 28, 20241 min read
South American Biodiesel production spikes
Northwest Europe Biodiesel premiums charge ahead as Gasoil flat price finally breaks down by >5% in line with Brent, as screen heat crack...
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![](https://static.wixstatic.com/media/6e2e80_8369bae1543b4297a37bee672bde872b~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/6e2e80_8369bae1543b4297a37bee672bde872b~mv2.webp)
![Palm oil makes all boats rise & Canada makes canola export plans](https://static.wixstatic.com/media/6e2e80_8369bae1543b4297a37bee672bde872b~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/6e2e80_8369bae1543b4297a37bee672bde872b~mv2.webp)
Henri Bardon
Oct 24, 20241 min read
Palm oil makes all boats rise & Canada makes canola export plans
As expected, trade took CPO above $1000/mt, triggering the higher export levy of $375/mt for subsidizing Biodiesel blending in Indonesia....
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![Palm (POGO) rises and buoys vegetable oils as Indonesia targets 50% bio-blend](https://static.wixstatic.com/media/6e2e80_55bef7b033c84cf4994e07efd8244a7b~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_55bef7b033c84cf4994e07efd8244a7b~mv2.webp)
Henri Bardon
Oct 23, 20241 min read
Palm (POGO) rises and buoys vegetable oils as Indonesia targets 50% bio-blend
POGO measures the relative costs of Crude Palm Oil versus diesel, and it appears that the Indonesian government is not shy about...
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![Gasoil/Diesel sitting on lows and building contango](https://static.wixstatic.com/media/6e2e80_7b1f03cb78c94a05b52a88403b6db600~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_7b1f03cb78c94a05b52a88403b6db600~mv2.webp)
Henri Bardon
Oct 21, 20241 min read
Gasoil/Diesel sitting on lows and building contango
A very mixed picture on Gasoil/Diesel globally with a 16% drop in exports of petroleum products from China in September as the country's...
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![](https://static.wixstatic.com/media/6e2e80_7fe0fe87c8f34fdc8634296ea5d7797d~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/6e2e80_7fe0fe87c8f34fdc8634296ea5d7797d~mv2.webp)
![Record Rapeseed imports into EU +17% y-o-y](https://static.wixstatic.com/media/6e2e80_7fe0fe87c8f34fdc8634296ea5d7797d~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/6e2e80_7fe0fe87c8f34fdc8634296ea5d7797d~mv2.webp)
Henri Bardon
Oct 20, 20241 min read
Record Rapeseed imports into EU +17% y-o-y
Once again, rapeseed is being imported into the EU at a record pace, and we can expect Canadian imports to reach the EU in Q4 considering...
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![Unusual deep discount of Bean oil Vs Palm oil (BOPO)](https://static.wixstatic.com/media/6e2e80_674cdc53e40e49fe82cad0b2b3134d88~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_674cdc53e40e49fe82cad0b2b3134d88~mv2.webp)
Henri Bardon
Oct 16, 20241 min read
Unusual deep discount of Bean oil Vs Palm oil (BOPO)
The trend has been steady and relentless and as we approach -$53/mt discount. Obviously the banning of Palm based biofuels in EU and in...
68 views0 comments
![](https://static.wixstatic.com/media/6e2e80_68b8736388264160ab8a0f537dc2b650~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/6e2e80_68b8736388264160ab8a0f537dc2b650~mv2.webp)
![Demand side issues in energy spook Bio markets](https://static.wixstatic.com/media/6e2e80_68b8736388264160ab8a0f537dc2b650~mv2.jpg/v1/fill/w_454,h_341,fp_0.50_0.50,q_90,enc_auto/6e2e80_68b8736388264160ab8a0f537dc2b650~mv2.webp)
Henri Bardon
Oct 15, 20241 min read
Demand side issues in energy spook Bio markets
Large front-end supplies in energy, much like what we have in oilseeds, are spooking markets today. Energy is down one full standard...
53 views0 comments
![USDA doesn't surprise but Germany lower Biodiesel consumption does](https://static.wixstatic.com/media/6e2e80_91e1b731b087483a9b7f11f1499ab039~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_91e1b731b087483a9b7f11f1499ab039~mv2.webp)
Henri Bardon
Oct 13, 20241 min read
USDA doesn't surprise but Germany lower Biodiesel consumption does
Friday's USDA report was truly a non-event for the supply side as it simply reconfirmed that the world has ample inventories of oilseeds...
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![Singapore is now #1 exporter of Renewable Diesel in the world](https://static.wixstatic.com/media/6e2e80_b5e2e321c50246caa275a7bd0cced78e~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_b5e2e321c50246caa275a7bd0cced78e~mv2.webp)
Henri Bardon
Oct 9, 20242 min read
Singapore is now #1 exporter of Renewable Diesel in the world
July imports into the US of renewable diesel from Singapore reached an all-time high of 53.4 million gallons, which is 8% higher than...
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![Gasoil (ULSD) settles above $700/mt in hectic session, up $50/mt in a week](https://static.wixstatic.com/media/6e2e80_81616d26fd4446dca7e0e84a82252247~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_81616d26fd4446dca7e0e84a82252247~mv2.webp)
Henri Bardon
Oct 3, 20241 min read
Gasoil (ULSD) settles above $700/mt in hectic session, up $50/mt in a week
Gasoil was associated with an equally excited barge market in NWE as window traded frantically to insure Oct deliveries. Even screen...
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![EIA data shows 12% drop y-o-y in Jul Soyoil use for Biofuel use](https://static.wixstatic.com/media/6e2e80_978c1f419698430da2c6beec408c41ae~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_978c1f419698430da2c6beec408c41ae~mv2.webp)
Henri Bardon
Oct 1, 20241 min read
EIA data shows 12% drop y-o-y in Jul Soyoil use for Biofuel use
Unfortunately, the EIA data is delayed by 2 months, but the trend of higher tallow use at +45% y-o-y and Yellow Grease at +26.79% looks...
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![Oilseed crops do not disappoint as production/crush rise](https://static.wixstatic.com/media/6e2e80_33ebfdfe40664cf98d4b835f99d32e18~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_33ebfdfe40664cf98d4b835f99d32e18~mv2.webp)
Henri Bardon
Sep 30, 20241 min read
Oilseed crops do not disappoint as production/crush rise
Sep 1 stock report on Soybeans was only slightly lower than expected in the US. Various reasons for this but mostly delayed exports...
15 views0 comments
![Gasoil backwardation explodes higher +40% today](https://static.wixstatic.com/media/6e2e80_479253333dce4c4ea0501f7a5c3f24d0~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_479253333dce4c4ea0501f7a5c3f24d0~mv2.webp)
Henri Bardon
Sep 26, 20241 min read
Gasoil backwardation explodes higher +40% today
Despite large screen heat crack values and lower flat price, backwardation is exploding again through dec on amplified geopolitical...
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![US Oilseed crushers make a last attempt at changing 45z before elections and Jan 1 implementation](https://static.wixstatic.com/media/6e2e80_bcf5e47757cb45958f7ff32dbb91b5dc~mv2.png/v1/fill/w_454,h_339,fp_0.50_0.50,q_95,enc_auto/6e2e80_bcf5e47757cb45958f7ff32dbb91b5dc~mv2.webp)
Henri Bardon
Sep 24, 20242 min read
US Oilseed crushers make a last attempt at changing 45z before elections and Jan 1 implementation
Last votes for the US Congress before the November elections will occur this Friday, and we note that a bill, the "Farmers First Fuel...
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![D4 RINs spike after US Govt shutdown resolved](https://static.wixstatic.com/media/6e2e80_e0c2c2c237ba4a8099caea79ed351b61~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_e0c2c2c237ba4a8099caea79ed351b61~mv2.webp)
Henri Bardon
Sep 23, 20241 min read
D4 RINs spike after US Govt shutdown resolved
If there was any doubts about Govt funding, it went out the window as CR (continuing resolution) approved this weekend for another 3...
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![US lobby pushes for suspension of RINs generation based on UCO/Tallow](https://static.wixstatic.com/media/6e2e80_934cd0d6b0b041c5aa3eb552d3339864~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_auto/6e2e80_934cd0d6b0b041c5aa3eb552d3339864~mv2.webp)
Henri Bardon
Sep 19, 20241 min read
US lobby pushes for suspension of RINs generation based on UCO/Tallow
RFA is pushing for a suspension of RINs generation on UCO/Tallow import portion of Biodiesel/Renewable diesel produced until the...
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