Daily Charts
Neste Advances Position in SAF
Sustainable Aviation Fuel (SAF) is poised to make an impact in coming years. While mandates for SAF are not in place within the US renewable fuel framework specifically for renewable jet fuel, the US Renewable Fuel Standard (RFS) does account for it under the biomass-based diesel category and California does allow it as an opt-in fuel in their LCFS program. 2.4 million gallons were consumed within the RFS in 2019. 1.9 million were reflected within California’s LCFS program.
Earlier this year, Norway announced their aviation industry must blend 0.5 percent advanced biofuel into jet fuel from 2020 onwards, and 30 percent is expected to be sustainable by 2030. This month, Sweden announced their…
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.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...