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The Nexus
BUSINESSMay 19 · 10:00 UTCBLOOMBERGDayanne Sousa

Brazil Sends Cheap Soy Oil Abroad as Biodiesel Plan Stalls

Brazil is exporting cheap soy oil due to a stalled biodiesel plan, resulting in lost opportunities for domestic production. The country's biodiesel industry is not growing as expected, leading to a surplus of soy oil being sold abroad. This situation affects Brazil's economy and energy sector.

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