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.
Trading out of the North American market was done at $2.10 for two containers. EU trading was seen at 1,59€ for three loads. Both trades are consistent with the previous marks and indicate a steady October.
Table 1.
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