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.
Daily Charts
Rising Heating oil prices Provide Some RIN Releif, but Watch for Climbing Feedstock Cost
Two days into the week and crude prices are up $4.22 per barrel, reaching their highest level in three-weeks. Heating oil futures followed crude higher, rising 9.6 percent over the past two days and hitting its highest level since August 25. Soybean oil…