Breaking News-RTRS-Biodiesel to cut Argentine soyoil sales -Oil World

HAMBURG, Feb 9 (Reuters) - Increasing Argentine domestic biodiesel use will cut the country's soyoil exports in 2010, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
If Argentine government plans for 5 percent biodiesel content in fossil diesel are implemented, coupled with compulsory use of biodiesel for electricity generation, this would create annual demand for 860,000 tonnes of biodiesel, largely made from soyoil, Oil World estimates.