04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
North American runners traded at $1.03 this week and EU traded in a wide range of €0,87 – 1,08 FOB. The higher priced material was for material on the narrow side of the hog runner width gauge. Sources in the US have reported that the strong dollar is putting pressure on sellers to lower prices to stay competitive in the export market. The opposite is reported out of the EU, where sellers are asking a higher price in terms of Euro to compensate for the…