According to the Energy Information Agency (EIA), the United States imported 52.7 million gallons of biomass-based diesel (D4) during March. Imports were 25 percent over February and 60 percent above March 2020. Renewable diesel imports reached an all-time high in March and exceeded biodiesel imports by 22.3 million gallons. California remains the primary market for renewable diesel in the US with strong margins continuing to drive demand. Renewable diesel accounted for 74 percent of total biomass-based diesel imports during the month with biodiesel having a 26 percent share.
March renewable diesel imports of 52.7 million gallons were 21 percent above February and 98 percent over March of 2020. Singapore is the only country currently exporting renewable diesel to the US. During the first quarter of 2021, renewable diesel imports of 101…
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...