05.02.2024
UCO, heating oil spread widens
Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...
Market Activity
Yesterday’s BFT trading at $0.3075 cleared out the market with no offers, bids or reports of any kind on BFT today. Sources continue to suggest that sellers are in a comfortable position and don’t need to offer material. With heating oil off nearly five points today and a soybean oil market that is trading under what tech tallow would be priced, biodiesel players seem to be on the sidelines.
CWG traded between $0.2550 – 0.2650 late yesterday and today FOB…