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.
Volume for hemp derivatives is low right now. We’ve reported about potential long-term gains for isolate, with increased demand for domestic product resulting from supply chain disruption, particularly in China. In the short term however, doing business has become more difficult, and CBD products will not be immune to an economic contraction. States and municipalities are imposing various levels of restrictions to try and curtail the explosion of COVID-19 cases,…