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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05.06.2024
Strong biodiesel production seen weighing on crude glycerin prices
The whispers of declining biodiesel production are meeting with resistance. Some observers have been sounding the alarm regarding declining production for over a year now, but if true, biodiesel...
05.06.2024
Average weekly hog slaughter to decrease into mid-June: Fastmarkets’ research team
Distillers’ corn oil (DCO) prices fell to 42-43.5 cents per lb delivered US Gulf on Monday May 6 for May-June shipments. There was additional trading reported on the same...
05.06.2024
Year-to-date commercial cattle production falls 2.30% y-o-y
US animal proteins prices were steady on Monday May 6. Limited trade was reported, with several market participants only testing prices, Fastmarkets heard.
US hog slaughter
Fastmarkets research...