lunes, 25 de abril de 2011

The impact of the new global economy in the biodiesel market in Argentina

The new world is important for a country like Argentina, which is heavily dependent on foreign trade of raw materials both in relation to export of grain, oil and import food as for fuel-increasing.

The major impact may be mentioned, with a degree of uncertainty still, the following:

• It would fall supply of industrial goods and Japanese technology, and with it the global supply, and the downward trend of prices could be reversed.

• Falling imports from Japan and, consequently, lower exports of leading nations like the United States and Germany, and effects on world trade.

• There would be affected the international price of commodities in Japan is just a big importer of corn and concentrated their purchases in the United States. Its imports of wheat and soybeans are lower.

• The grain prices would moderate in 2011 as a result of good harvests of soybeans in Brazil and Argentina, not the effect of Japan.

• The Arab crisis will lead to increased global demand for wheat, a grain that is central to the ancient power of these nations. Argentina Will the supply that demand with the existing restrictions on foreign trade?

The suspension of new works is a sign nuclear energy in favor of biofuels. Argentina is the second largest exporter of biodiesel (derived from soy), with 1,000 million dollars annually, and this is good news for the soybean complex and investors.

In the case of corn-based ethanol, the industry is more delayed in investments that biodiesel, but also have a favorable trend, although the world works well with sugar cane in Brazil (25% cut in gasoline) and with subsidies in the U.S. and the EU.

This can be balanced against the pressures of the FAO in Europe and around the world food supply. The crisis in North Africa and the Middle East puts pressure on global supplies of wheat and other crops.

The story puts Arab crisis to the international price of crude, which again affects the recovery of Western economies, and the price of fuel imports from Argentina.

It is feasible to accelerate the process of foreign direct investment towards the purchase of land and natural resources by nations with surplus savings, such as China and some Gulf Arab countries.

In short, the commodity price of the dollar has fallen off, unlike what happened in the past.

More than ever, the price will depend on the changing conditions of supply and demand and, for natural resources, the logical changes of nature. In this sense, the volatility will dominate the scene, but does not provide low price scenarios.

Argentina is expected for a favorable global scenario, depending on internal policies will be more or less used.


No hay comentarios: