The drop in crude oil prices has helped reduce demand for palm oils use in the renewable fuels industry. Biodiesel, produced from crude palm oil, has seen demand plummet heading into 2015. According to the Malaysian Palm Oil Board, biodiesel exports fell from a 2013 monthly high in November of 22,753 metric tons to 614 metric tons for December. Crude palm oil shipments are loosely following suit in…
05.03.2024
Biodiesel imports fall to 8-month low in March; exports rise to 3-month high
Biodiesel imported into the US fell in March for the first time in four months while biodiesel exported from the US reached a three-month high.
Import demand from...
05.03.2024
BFT, soybean oil weekly average prices tumble
For the week to Friday, prices were broadly lower compared with the prior week’s average. Packer bleachable fancy tallow was down by 2.2% from the prior week’s average on...
05.03.2024
US animal protein prices remain under pressure; soymeal rises
US animal protein prices were mixed in the week to Friday May 3 but showed no large movements, with multiple market participants traveling for the Petfood Forum in Kansas...