In 2022, distillate fuel oil demand on the U.S. West Coast fell to its lowest level since 2002 and is expected to be even lower this year due to the increased use of biofuels, chiefly renewable diesel, the U.S. EIA said in its latest This Week in Petroleum report. Biofuels have gained a larger market share of the region’s diesel pool as clean-fuel programs incentivize their use.
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11.12.2024
Glycerin prices seen supported by declining biodiesel margins
Glycerin is a co-product of biodiesel production, and its supply is dependent on biodiesel margins. The more profitable the margin environment for biodiesel, the larger the supply of glycerin....
11.12.2024
Animal fats and oils prices stable amid losses in vegoil markets
"I think the big drop in soybean oil had everyone take a pause,” one source said.
December soybean oil futures closed at 46.23 cents per lb on Tuesday, down by...
11.12.2024
Meat and bonemeal, bloodmeal higher on active demand
Prices were highly mixed on Tuesday November 12, with active demand reported by market sources.
Porcine meat and bonemeal prices were steady to higher according to sources...