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.
According to the latest Energy Information Agency (EIA) data, the United States imported 6,594,000 gallons of biodiesel and 11,676,000 of renewable diesel during July. Total D4 imports were down 38% month over month, or 29,36 million gallons.
Imports of both biodiesel and renewable diesel dropped significantly during July as the market attempts to figure out what the needs for…