04.26.2024
P66 Rodeo to begin producing SAF in Q3
Phillips 66 brought its long-awaited Rodeo Renewable Energy Complex online during the first quarter of 2024, but it is not producing sustainable aviation fuel (SAF) yet, the company said...
Global used cooking oil (UCO) prices continued to move higher up amid firmer freight rates, with trades reported at $930/mt CIF Amsterdam, Rotterdam, Antwerp (ARA) basis, while European ISCC UCO was indicated at €930/mt EXW Northwestern Europe.
Trading liquidity remained low in the animal fats market keeping price indications almost unchanged, with edible tallow reported in the range of €1,100-1,150/mt EXW North-Western Europe, while category 3 tallow prices were at €770-810/mt EXW for 15% free fatty acids (FFA) and at €900-950/mt EXW for 5% FFA.
“The tightness in freight keeps the market quiet,” a Europe-based broker told the Jacobsen.
Australia’s national weekly cattle slaughter was reported at 88,311 head in the week ending January 12, a 34.6 percent drop from the week prior but a 7.6 percent year-on-year increase.
…