The crude glycerin market is feeling the impact of reduced demand and strong supply. A month ago, finding pricing deals in the crude market took a little work. Lately, favorable pricing seems to be everywhere, causing buyers with storage options to wonder if they might have started filling their tanks up too soon.
June biodiesel consumption of 181.9 million gallons was 12 percent over May output and 11 percent above June 2019. The pandemic skewed demand for fossil fuels. Projected gasoline demand was reduced more than diesel demand. Ethanol production was quick to react and quickly lowered output. Diesel demand pulled back but there has not been corresponding pullback as seen within the ethanol market.
The original blending mandate called 2.43 billion gallons of biomass-based diesel to be blend with diesel fuel and another 340…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...