05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Malaysian November Palm Oil Exports Close 5.3% Lower Month over Month
Malaysian palm oil exports of 1.332 million metric tons are 5.29% less than what was seen during October but 16% more than the 1.152 million MT shipped during November 2016. Cargo surveyors reported a reduction in export activity for the month, but there was an uptick in demand for refined products over the final 5 days, which helped stem the losses.
Demand for crude palm oil fell…