04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
The US hide market has a few more buyers showing interest, though many bids remain low and confirmed to be sluggish. The trend seems to be sideways and by next week, many in the trade will be traveling or meeting with customers in Asia ahead of the Hong Kong APLF.
Leather business reports are a mixed bag depending on sector and region. In the shoe sector, leather sales are still suffering from the increased use of synthetics. Within…