Biodiesel Market

Heating oil and soybean oil futures both moved lower on the first day of the week. Heating oil dropped 1.5 cents to $1.50 per gallon, and had the most impact on the BOHO spread.  Soybean oil futures fell 23 ticks to 33.01 cents per pound. The BOHO spread increased a penny to 93 cents per gallon.

Biodiesel RINs remained in a narrow range. The B17’s closed 112/113, exactly where they ended last week.  The E17’s and 16’s both increased…