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...
**Ryan Standard will be out of the office until Monday, March 25th. Please contact Chloe Krimmel at chloe.krimmel@fastmarkets or 732-642-6302.**
Another light day of trading was reported in the fats and oils market for Wednesday March 20, with several still traveling for the week.
Eight trucks of choice white grease (CWG) traded up to 40 cents per pound (cts/lb) Indiana, with limited volume reported above the range. A trade of 38 cts/lb was reported in the Mo. River on CWG. Market sources said increased interest and areas of tight availability remains supportive.
Tallow, max 20%, delivered Gulf traded lower, at $41.75cts/lb.
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