Biodiesel Market

The closing numbers

Heating oil prices closed fractionally lower while soybean oil prices climbed 1% and closed at 34.52 for October delivery, 34.76 for December. Stronger soybean oil prices, without an accompanying rise in HO, allowed the BOHO spread to move three cents higher and close at 76.5 cents per gallon.

RINs remain defensive and have moved…