US animal fats and oils markets mostly quiet ahead of election results

US animal fats and oils markets mostly quiet ahead of election results

The US animal fats and oils markets were relatively quiet on Tuesday November 5, as participants awaited the outcome of the closely contested US presidential election. While the nation waits, the energy sector remains in a state of uncertainty, particularly regarding key policies that could impact renewable fuels and feedstocks.

To summarize a Fastmarkets

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published on Monday November 4, experts indicate that a victory for Vice President Kamala Harris could lead to the implementation of stricter regulations that favor renewable energy sources over petroleum.

Conversely, a victory for former President Donald Trump could lead to more lenient policies. Regardless of the outcome, delays in crucial policy decisions are anticipated.

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