California UCO prices climb; DCO production eases slightly from record high
US animal fats and oils prices showed mixed trends on Wednesday November 20, with...
Producers, blenders and fuel suppliers are reporting a slowdown in trading this week. A Fastmarkets survey of participants showed that overall sentiment has the market slowing ahead of the transition from the Blenders Tax Credit (BTC) to the 45z Clean Fuel Production Credit (CFPC).
“Supply is very tight on biodiesel right now,” a producer said.
This was echoed by a truck stop fuel provider who noted all of their 2024 volumes have already been filled.
A fuel blender...