Animal fats prices show mixed movements; market sentiment improves
Trading in the US animal fats and oils market was subdued on Friday August 30, ahead of the Labor...
Feedstock providers and biofuel producers in the US have been resistant to the proposed amendments by the California Air Resources Board (CARB) to cap the use of canola and soybean oil (SBO) at 20% of a company’s feedstock mix in meeting the goals of the state’s Low Carbon Fuel Standard (LCFS).
If implemented, the cap could limit the amount of vegetable oils being used in biofuel production for the California market, sources told Fastmarkets.
Und...