Prices of crude glycerin cargoes going to China Main Ports (CMP) could be moving higher. Brokers are indicating that values may have climbed $75 per tonne over the past week, lending support for domestic pricing heading into the export market in the US. One market evaluator called the glycerin complex a bit undetermined and looking for additional clarity.
Biodiesel production has been lower moving from the…
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...