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.
**Please note, we will not publish a Sausage Casing Bulletin next week on 12/25. We will resume publication on Thursday, 12/31 before and pick up our regular publication schedule on Friday, Jan 8.**
North American runners traded at $1.08 this week, pushing the rolling weekly average down to $1.07. Trading out of the EU was reported steady with much of what has been done this month, €0,87 – 0,93. Sources have commented that the market is…