05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
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Crude and kosher glycerin prices continued to move higher in the last week. Prices have advanced due to strong demand from the animal feed sector and cold weather. One market participant also attributed the latest gains to the presence of a very large buyer in the market scooping up product for the next quarter or two.
Crude glycerin is the main by-product of biodiesel production. A slowdown in biodiesel production due to poor margins and storage issues have also contributed to the recent uptick in glycerin prices.
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