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.
The US animal fats and oils markets were relatively quiet on Tuesday November 5, as participants awaited the outcome of the closely contested US presidential election. While the nation waits, the energy sector remains in a state of uncertainty, particularly regarding key policies that could impact renewable fuels and feedstocks.
To summarize a Fastmarkets
Conversely, a victory for former President Donald Trump could lead to more lenient policies. Regardless of the outcome, delays in crucial policy decisions are anticipated.
…