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/Renewable diesel production shifted into a higher gear during May. According to the latest EMTS data, 231.11 million biomass-based diesel gallons were produced. This is the 6th highest monthly production rate on record and up 26.35% from the revised monthly total of 182.92 million gallons in April. May 2017 production is 12.23% more than what was produced…