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.
January EMTS production, as reported by the EPA, moved slowly during the first month. January production of 125.8 million D4 gallons was down 67% from December and 21,633 gallons less than what was seen in January of 2016.
D4 Production, which combines biodiesel and renewable diesel production, showed biodiesel production to be slower out of the gates than…