11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
November 5
Prices are unchanged for now. Wet salted Buenos Aires steers continue trading at US$1.05 per kg, but pundits believe that before long it should aim downwards somewhat.
The leather supply continues to exceed the demand, which for the time of year is low.
The slaughter is normal for this time of the year.
In…