Within the US we are seeing established renewable diesel producers actively expanding in order to claim additional market share in the renewable diesel sector. Strong margins in a market that has room to expand from the traditional transportation auto market into aviation has both old and new participants looking to raise capacity. Oil refiners are currently staged to make a big splash in the US market as several already have large projects ramping up or considering additional projects in the next three to five year period. Below are graphs indicating how we currently see capacity expanding. It is a rapidly changing market with several new project plans being announced each quarter.
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11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...