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- (-) July 2017
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Indonesian palm oil production is expected to benefit from favorable weather conditions in the upcoming months, fueling production increases.
Argentine bioethanol production in 2018 is forecast at 1.12 billion liters.
Post forecasts 2017/18 and 2016/17 soybean production to 105 and 114 million metric tons (mmt), respectively.
Since 2015, when the government set the overall biofuel mandate at 7.5 percent for transportation, the market has been adjusting to avoid exceeding the volumetric blending limit for biodiesel.