International biodiesel demand is weak

Biodiesel Network September 22: International energy prices are in a downturn in the international economic situation, and the international geopolitical relationship is difficult to see a substantial rebound in the next 6-12 months, so the demand for biodiesel There will be no excessive demand support for a long time, so the price of international soybean oil may enter the mid- and long-term downturn. In general, regardless of the supply and demand situation in the domestic market, it is expected that at least the international oil market including Malaysian palm oil and US soybean oil will be a medium-level short position.

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