According to the Energy Information Agency (EIA), the United States imported 65.1 million gallons of biomass-based diesel during November. This is a record amount dating back to August of 2017 when the last large shipment of imports was received from Argentina before anti-dumping and countervailing duties were imposed.
Monthly imports were 22 percent above October and 42 percent over November 2020. Renewable diesel imports exceeded biodiesel imports by 13.4 million gallons. California remains the primary market for renewable diesel in the US with strong margins driving demand. Renewable diesel represented 57 percent of total biomass-based diesel imports during November, down from 63 percent last month.
The 2021 biomass-based diesel import pace is 30 percent over the 2020 pace through November. Renewable diesel…
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...
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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...
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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...