According to experts, domestic consumption of soybean oil in Brazil next season will increase by 0.66 million tonnes in the year to 7.43 million tons, while the share of soybean oil in the production of biofuels will increase to 3.08 (2,53) million tons, which will account for 71.6 per cent of total consumption. We will remind that since March, 2018 in Brazil comes into force the action of the so-called "mandate B10", involving the content of biofuels in transport fuel to 10%.

As a result, exports of soybean oil from the country at the end of the season will be 1.35 million tons, only slightly higher than the previous MG (1.24 million tons) and will yield indicators of the previous two seasons at 1.55 million tons and 1.51 million tons respectively.

Photo: sunmag.me