Please Note – Bob Lane was out of the office today and will return on Monday, December 6.
Global Biofuel Demand to Climb 28% by 2026: IEA
World biofuel demand is expected to return to pre-Covid 19 levels this year and increase by 41 billion liters (10.8 billion gallons), or 28 percent, to 186 billion liters (49.1 billion gallons) in the next five years, the Paris-based International Energy Agency (IEA) said in its Renewables 2021 report. Government policies will be responsible for driving much of the increase in consumption, although transportation fuel demand and costs will influence which fuels see the quickest growth. These factors are anticipated to push biofuel production in Asia above output in Europe between 2021 and 2026. Policies in the U.S. and Europe during this time will cause renewable diesel demand to almost triple. The report said the biofuel demand forecasts are uncertain given that…
03.03.2025
EASA releases EU SAF mandate penalty reference prices
The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...
03.03.2025
Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains
Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.
03.03.2025
Trade quiet in animal protein market ahead of tariff implementation on Canada and Mexico
Trading was quiet in the animal protein market on Monday March 3 with many market participants taking a wait-and-see approach to US tariffs that are set to go into...