Trading was steady for EU material this week at €1,59. One load of North American material traded at $1.85 this week. Sources are again reporting that Chinese material is leveling out. Demand for finished goods, at least in the US, has started to slow as the summer season draws to a close.
Table 1.
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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.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
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11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
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