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.
Biodiesel production apparently kicked into a higher gear during March. According to the latest EMTS data, 178.96 million biomass-based diesel gallons were produced during March. This is a 29% jump from Feb production of 139 million gallons, and is 8% more than the 165.2 million produced in March of 2016.
The D4 category is combination of both…