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.
Weekly credit volume soared 66 percent from the prior week while the average price paid per credit slipped 49 cents to $202.17 during the week ending March 22, according to data released by the California Air Resources Board (CARB). Credit volume climbed to 572,381, the seventh highest weekly amount on record and 19 percent over 2019 volume for the same weekly period. There were 58 transactions…