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.
Please Note
The Jacobsen will begin publishing additional used cooking oil geographies on Monday, November 9th. The three additional geographies will be:
Atlantic (delivered) – This is for material delivered to East Coast ports.
North East (delivered) – this is for material delivered to buyers in the US interior. The northeast includes the states of PA, NJ, NY, CT, MA, NH, VT, RI.
Southeast (delivered) – this is for material delivered to buyers in the US interior. The southeast includes AR, AL, GA, MS, TN and FL.
Used cooking oil will be follow the American Fats and Oils specifications of max 15% ffa and 2% MIU.
For any questions, comments or suggestions please reach out to Ryan Standard by end of day Thursday, November 5th.
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