• How much is Brazilian soybean oil & soybean meal FOB Paranagua worth?
  • Platts assessed Brazilian Soybean Oil FOB Paranagua for August loading at $1,006.19/mt July 20, $24.03/mt higher on the day, S&P Global Commodity Insights data showed, while Brazilian Soybean meal FOB Paranagua for September loading was assessed at $485.67/mt July 20, $4.08/mt lower on the day.
  • How is soybean oil extracted?
  • Once the soybean seeds undergo the preparatory section processes, they are moved to the solvent extraction plant. The solvent extraction process is a common method used for soybean oil extraction. The aim is to use a solvent for dissolving a target solute, and wash it out of the solid plant component.
  • Which countries export soybean oil from Brazil?
  • The leading destination of Soybean Oil exports from Brazil is India ($776 million), China ($473 million), Bangladesh ($202 million), Venezuela ($189 million), and Iran ($95.8 million). The fastest-growing export markets for Soybean Oil in Brazil between 2020 and 2021 were India ($528 million), China ($340 million), and Venezuela ($95.9 million).
  • What are Brazil’s soybean oil forecasts for 2023?
  • Latest estimates for Brazil¡¯s Soybean Oil sales stood at 2.4 million mt, up from 0.1 million mt in the June forecast. The country¡¯s Soybean production and exports were also projected to hit a new record high in the 2023 campaign.
  • What are Brazil’s soybean sales?
  • Brazil¡¯s Soybean meal sales were pegged at 22 million mt, up from 21.9 million mt in June estimates. This was up 8.05% yearly from 20.36 million mt in 2022. Latest estimates for Brazil¡¯s Soybean Oil sales stood at 2.4 million mt, up from 0.1 million mt in the June forecast.
  • Will Brazil increase soy oil shipments in 2020?
  • In 2020, Brazil expects to increase soy oil shipments by 25%, mainly due to the drought in Argentina, according to data from Cattalini Terminais Mar¨ªtimos, the main Brazilian soy oil export company, located in Paranagu¨¢ – PR. “It will export more than last year, today Cattalini has already performed 630 thousand tons from January to June.