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...
**Please note – Ryan Standard will be out of the office until Monday, Feb. 12. In his absence, please contact Amanda Luhavalja at [email protected] with any questions, comments or trading.**
Concluding what was an otherwise very quiet week, five railcars of packer grade bleachable fancy tallow (BFT) traded up to 40.50 cts/lb Chicago. Renderer grade BFT also traded higher on Friday, with three railcars reported at 41.50 cts/lb Chicago. Still, for the weekly period, the average BFT price was little changed.
Choice white grease on an FOB Mo. River basis increased more than 1.25 percent on the week. Very light trading was reported as high 35 cts/lb FOB, but the bulk of activity was reported between 33-34 cts/lb FOB this week.
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