04.24.2024
Biodiesel output strong in Q2; producers start locking in Q3-Q4 sales
A second producer echoed this sentiment and said they have had to work a bit harder to secure feedstock to line it up with sales at the right time.
Animal Fats – International
The big story this week is the decision by the US Department of Commerce to levy duties on Argentine and Indonesian biodiesel imports into the United States. The duties are retroactive to 90 days prior to when the ruling hits the federal registry, which is likely in the near future. Duties on Argentine material, which accounts for 30% of US D4 (biodiesel) RIN (biodiesel mandate currency of compliance) creation, ranges from 50 – 64% and should effectively…