04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Malaysian palm oil exports jump 53%, palm prices fall
Palm oil exports soared 53% higher to 1.07 million metric tons, continuing on the rapid pace seen over the first half of the month. May 1 through 20 exports are 368,722 metric tons more than what was shipped during the same April time frame. Demand for crude palm oil (CPO) continues to be the market driver this month. CPO shipments are up 791% month over month, which translates to 331,043 MT more in exports.
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