Biodiesel Activity

Crude edged higher, pulling heating oil and soybean oil values up as well. Heating oil futures climbed bac to $1.50 per gallon, up 2 cents, while SBO was up 28 handles to 27.46 cents per pound. The HO and SBO moves offset one another, leaving the bean oil/heating oil spread unchanged at 52 cents per gallon.

B15 RINs had steady bid interest at 48 cents in the morning moving up towards 48.5 cents in the afternoon. E16’s saw support at 35.25…