ABSTRACT:
Soyabean and palm oils are two agricultural commodities that have similar characteristics and are substitutable in many applications. Whenever there is an increase in soyabean oil price, palm oil price follows suit. SWOT (strengths, weaknesses, opportunities and threats) analysis was used to evaluate Argentina’s soyabean industry. Data for soyabean were from secondary sources. Nevertheless, not all data were the latest because of the difficulty in sourcing the information. Argentina is the main producer and exporter of soyabean oil. Although the availability of Argentina’s soyabean oil supply is high, palm oil imports from Malaysia are also increasing to satisfy rising local demand by the food industry. In view of that, most of Argentina’s soyabean oil is used mainly for export purposes and for the country’s local biodiesel industry; thus, palm oil usage in Argentina is expected to remain significant.
Keywords: Argentina, soyabean, competitiveness, SWOT
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