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 pulled back slightly during July, but remains in the top 10 of historical production months. According to the latest EMTS data, 242.76 million biomass-based diesel gallons were produced. This is the 7th highest monthly production rate on record but was down 7.65% from the monthly…