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...
Palm climbs sharply on Indonesian biofuel subsidy
The Indonesian governments plan to nearly triple biodiesel subsidies overcame its final parliamentary hurdle Friday, with the subsidies likely to go into effect next month.
The subsidy increases from 1,500 rupiah (12 cents per liter) to 4,000 rupiah (32 cents per liter) and is designed to alleviate growing domestic supply, which faces stiff international competition in an overstocked global oilseed market, as…