Brazil exported another 103.3 thousand tons of soybean oil in October

Published 2024년 11월 13일

Tridge summary

Brazil's October soybean oil exports saw a significant surge, with over 103.3 thousand tons shipped, marking a 16.4% increase from the previous month and more than a quarter the amount recorded in October 2023. This growth in exports challenges the usual trend of a decline from the peak in June, as exports usually decrease until October.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian soybean oil exports gained a little more strength in October. According to data from the Ministry of Development, Industry, Commerce and Services (MDIC), more than 103.3 thousand tons of the derivative of the main product of our agribusiness were shipped last month, representing a reversal in the slowdown in external demand observed in the previous two months. Soybean oil shipments showed a growth of 16.4% compared to the 88.8 thousand tons registered in September and exceeded by more than a quarter the number of October 2023, when international buyers took less than 82.5 thousand tons ...

Source: Biodieselbr