11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
Prices in the international animal proteins market were mixed in the week to Thursday October 24.
Fastmarkets assessed the price of feathermeal, 80 pro, US export, cfr Southeast Asia at $560-580 per tonne on Thursday, down from $570-590 per tonne on October 17.
Fastmarkets assessed meat and bonemeal, 50 pro, delivered Australia at A$560-660 ($369-442) per tonne on Thursday, up from A$550-640 per tonne on October 17.
Fastmarkets assessed poultry by-product, petfood grade, 65 Pro, US export, cfr Southeast Asia at $830-860 per tonne on Thursday, down week on week from $840-870 per tonne.
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