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.
WORLD VEGETABLE OIL PRICES DECOUPLE FROM CRUDE OIL AND RALLY BUT THE CORRELATION TO ENERGY IS LIKELY TO RETURN
Soybean oil prices decoupled from crude oil on Tuesday with crude continuing to plunge (down about six percent) and soybean oil recovering from the lowest prices since 2006. The rally, which was from historically oversold levels, left most contracts more than 3/4 percent higher (May contract +25 basis…