09.29.2023
Vegetable Oils & Animal Fat Prices Post Week on Week Drop
The market was fairly quiet today with traded volume slowing, but trading still done at lower levels. Gulf BFT traded down to 66 cts/lb delivered late yesterday. Ample nearby...
Renewable diesel and biodiesel consumption in California displaced over 50 percent of petroleum diesel within the diesel pool for the first time during the first quarter of 2023. Renewable diesel accounted for 49 percent of the diesel fuel consumed and biodiesel was 8 percent of demand. Combined, the two renewable fuels had 57.5 percent of the diesel transportation fuel pool market share, with petroleum diesel picking up the remaining 42.5 percent.
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