The Global Soybean Oil Market Continues to Grow Despite Languishing Demand for Biodiesel During the Pandemic
Apr 12, 2021
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The soybean oil market indicates steady growth, despite the COVID-19 pandemic cut demand for biofuel. The competitive price of soybean oil, against the price for sunflower and palm oil, combined with the potential growth in demand for biofuels and increasingly robust environmental standards, signal tangible prospects for the further development of the soybean oil market.