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Soybean Oil Market: Prices to Rise 4% in 2022 – IndexBox | Hellenic Shipping News Worldwide

The average annual soybean oil price is set to grow by nearly 4% to $1,425 per tonne in 2022, a new market report from IndexBox states. Rising demand for biofuels, especially in Asia, will be the key driver of that increase. In 2021, the average annual soybean oil price soared by 65% y-o-y, from $838 . ....

United States , South Korea , Global Soybean Oil , Top Largest Soybean Oil Exporters , South America ,

Soybean Oil Prices to Gain 4% in 2022 Due to Boosting Demand for Biofuels

In value terms, Argentina ($3.7B) remains the largest soybean oil supplier worldwide, comprising 39% of global exports. ....

United States , South Korea , Soybean Oil Prices To Gain , Soybean Oil , World Bank , Soybean Oil Price , Top Largest Soybean Oil Exporters , Oil Prices , Boosting Demand , Market Analysis , Oil Price Forecast , South America , Oil Imports ,

Soybean Oil Market: Prices to Rise 4% in 2022 - IndexBox

Soybean Oil Market: Prices to Rise 4% in 2022 - IndexBox
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