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.
Prices firmed modestly on the support from an uptick in the movement of supply. The availability of rail cars to be filled has relieved the supply pressure in the market. Demand for export outlets has remained steady and also lends modest support to prices. Export results for May were on par with the previous month and within a couple percentage points of the 5-year average for…