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 July 1-15 Palm Oil Exports Fall 9% from June
Malaysian palm oil exports of 454,524 metric tons were 43,748 metric tons (MT) less than what was seen during first 15 days of June and 24% below the 599,414 MT shipped over the same period in July 2017. Expectations are for palm prices to remain under pressure due to weaker export activity.
Demand for both crude and refined palm oil products relaxed during the first half of the…