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.
North American runners shot up over the EU price this week with $2.20 trading out of the North American market and the rolling average moving up to $2.13. EU trading was consistent with the previous weeks with €1,62 reported for four loads.
Table 1.
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