11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Today’s Market
Mid-week, the US hide market hadn’t brought much change to pricing. There was activity reported, but it is not enough the alter the market. Demand for footwear, furniture and handbags is still miniscule while automotive demand is slightly advancing.
[HIDE-SALES]
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