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...
Malaysian Nov 1-25 Palm Oil Exports down 8.4%
Malaysian palm oil exports reached 1.079 million metric tons, down 8.36% from Oct 1-25 but 21% more than the 895,625 MT shipped over the same period in November 2016. Crude palm oil (CPO) is experiencing a decline in demand month over month, while refined products are seeing mixed demand results. Exports of RBD palm olein are 15% stronger, while shipments of RBD palm oil and palm stearin are off by 10% and 19%…