The coronavirus pandemic has certainly not affected the different fuel types in the same way, at least so far. In April, EPA Moderated Transactions showed a 43.5 percent in ethanol consumption, a 17 percent drop in renewable diesel consumption, and a 0.40 percent decline in biodiesel.
A number of regional producers reported better volumes in May, some showed reduced production. If May plays out anything like April, it would seem that the pandemic has had little effect on biodiesel output. Energy Information Agency (EIA) data shows that ethanol production has been steadily climbing since hitting its low during the second to last week of April. Ethanol stocks, which hit an all-time high five weeks after the pandemic was announced are now at a 25-week low.
While we do not have on going weekly data for biodiesel production there was a 31 percent decline…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...