Market Activity

Two cars of packer BFT traded at $0.2800 Chicago this morning on what was otherwise a quiet day. Sources reported that a number of market participants were on the sidelines, watching oil prices surge for a second straight day. Crude and heating oil values are rising as buyers are stepping in to cover short sales. Fat sellers are seeing the higher heating oil values as leverage for higher prices into the biodiesel sector, but biodiesel buyers are reporting continued…