05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
A weaker ringgit helped to buoy palm oil exports. As the domestic currency becomes cheaper, exports become more attractive to other countries.
Cargo surveyor Intertek Testing provided data that showed stronger export activity in April 1 through 20 compared to the same period in March. Overall, exports were up nearly 10%, despite crude palm oil (CPO) shipments falling by 65%….