Market Activity

The market was again fairly quiet with a general sense of nearby tightness in spot supply. The macros are casting a long shadow over the forward months, but both buyers and sellers were quiet on position.

CWG trading was done in a wider range this afternoon, $0.2400  – 0.2525 FOB Mo. River. Sources have reported that biodiesel buyers continue to try and pressure the market lower due to poor economics, but continue to buy when they can get the lower…