Gulf tallow prices higher; optimism builds for higher demand for June
Tallow traded higher into the US Gulf market on Monday April 29, up to 41 cents per lb delivered....
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Strong domestic biodiesel margins support rising crude glycerin inventory
Crude glycerin prices are holding steady to slightly lower in the week to Monday April 29, with improved biodiesel margins helping to keep the supply of glycerin strong.
Crude glycerin is a co-product of biodiesel production, and market supply rises when domestic biodiesel production pushes higher.
March domestic biodiesel production was 133.5 million gallons, 6% above February and 2% above March 2023, indicating a strong first quarter for domestic production. Biodiesel produc...
