Please Note – Bob Lane was out of the office today and will return on Monday, December 6.
Global Biofuel Demand to Climb 28% by 2026: IEA
World biofuel demand is expected to return to pre-Covid 19 levels this year and increase by 41 billion liters (10.8 billion gallons), or 28 percent, to 186 billion liters (49.1 billion gallons) in the next five years, the Paris-based International Energy Agency (IEA) said in its Renewables 2021 report. Government policies will be responsible for driving much of the increase in consumption, although transportation fuel demand and costs will influence which fuels see the quickest growth. These factors are anticipated to push biofuel production in Asia above output in Europe between 2021 and 2026. Policies in the U.S. and Europe during this time will cause renewable diesel demand to almost triple. The report said the biofuel demand forecasts are uncertain given that…
05.14.2024
LCFS credit trading volumes, prices decline on week
California Low Carbon Fuel Standard (LCFS) credit volumes declined sharply while the average credit price moved lower in the week ended Sunday May 12, according to the figures released...
05.14.2024
Animal fats prices steady on the week; Weekly average DCO 36.89% under three year average
Animal fats prices were flat on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the Fastmarket’s Biofuels...
05.14.2024
Dog, cat food exports for Q1 2024 drop in price, volume year on year
Animal proteins prices were steady to lower on Tuesday May 14, with limited trade volume reported. Several participants indicated doing trade ahead of the current week due to the...