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The price of vegetable oils reaches 6-year highs

Since the lows recorded in March and April of this year, the price of oilseeds has not stopped rising. Soybeans in Chicago broke the $ 10 per bushel ($ 367 / t) barrier in the closest contract, posting an increase of more than 20% from April lows. The recovery of the price of commodities and the financial markets has had…



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Brazil reduces biodiesel blend to 10% for September, October

The Brazilian government announced on Aug. 13 that the blend requirement for biodiesel sold at the pump will be temporarily lowered from 12 percent to 10 percent for the months of September and October. A statement published by the Brazlian National Agency of Petroleum, Natural Gas and Biofuels (ANP) said the reduction is necessary to ensure domestic supplies of diesel…