Rising soybean oil prices helped lift BOHO spread to two-week high

Rising soybean oil prices helped lift BOHO spread to two-week high

Soybean oil prices climbed 3% during the week ended Friday December 6, while ultra-low sulphur diesel (ULSD) heating oil’s pricing fell by 3%. This caused the bean oil/heating oil (BOHO) spread to climb to a two-and-a-half-week high of $1.03 per gallon.

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