Canola oil-based biodiesel accounted for 25.9 million gallons of Low Carbon Fuel Standard (LCFS) production during the first two quarters of 2024, which represented 21% of the biodiesel gallons produced, according to California Air Resources Board (CARB) data released on October 31.
This is similar to full-year 2023 production, which reached 55.8 million gallons and was 21% of biodiesel production for the year.
On the other hand, soybean oil-based biodiesel production has had a noticeable decline in 2024. Through the first two quarters of the year, 919,471 gallons of soybean oil-based biodiesel have been consumed, accounting for 1% of the total biodiesel gallons consumed. This is down from 2023, when soybean oil-based biodiesel gallons accounted for 5% of the biodiesel market share.
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12.10.2024
September renewable diesel shipments to West Coast reach new high
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Gulf UCO prices continue to rise, Midwest fats remain ‘soft’
Prices for used cooking oil (UCO) delivered to the US Gulf Coast continued to climb on Tuesday December 10, even as markets softened in other regions.
Sizeable volumes...
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Bloodmeal prices rise with strong demand
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The move comes due to increased demand and...