Biomass-Based Diesel Imports Have Record High Volume First Half of Year

Biomass-Based Diesel Imports Have Record High Volume First Half of Year



The Jacobsen is proposing to change the price assessment methodology and pricing for the SME Biodiesel FOB US Gulf, SME Biodiesel FOB New York Harbor and FAME FOB USG and NYH – B100 Flat Price.

Currently the price assessments are assessed without the $1/gal blender’s tax credit included in the price.

Fastmarkets The Jacobsen would therefore propose to include the $1/gal blenders tax credit in the price starting on Sep 23rd, 2023 after a period of consultation with the industry. The inclusion of the blenders tax credit would remain as part of the price assessment, following the legislative inclusion, i.e. the credit value will be reflective of what is legally current.

To comment on this proposal, please email: [email protected] or [email protected] by September 22nd, 2023 indicating “B100 BTC” in the subject line of the email.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

03.01.2024

Cold, Winter Weather Impact January Soybean Crush

Cold, Winter Weather Impact January Soybean Crush

**Bob Lane was out of the office today and will return on Monday, March 4, 2024.**

U.S. soybean crushing volumes totaled 195 million bushels in January, the USDA reported on...

03.01.2024

Week Closes with Active Gulf Market

Week Closes with Active Gulf Market

Used cooking oil (UCO) traded as low as 39.5 cts/lb into the Gulf market with bids and offers heard in a wide range over the last 24 hours. Offers...

03.01.2024

Animal Proteins – Friday

Animal Proteins – Friday

The market was quiet today with no changes. 

Looking at the monthly averages in February, the markets were mixed in terms of price direction with intra-month volatility seen. 

Latest Tweets