Crop-based biodiesel hits multi-year highs on tight feedstock

Crop-based biodiesel outright prices reached multi-year highs June 3, supported by high feedstock prices. Platts, part of S&P Global Energy, assessed FAME 0 FOB ARA barge price at $1,535/metric ton June 3, the highest since $1,538/mt on Oct. 24, 2022, when prices were elevated on the back of the Russia-Ukraine conflict. Platts assessed the FAME –10 CFPP FOB ARA outright price at $1,588.25/mt JuneCrop-based biodiesel outright prices reached multi-year highs June 3, supported by high feedstock prices. Platts, part of S&P Global Energy, assessed FAME 0 FOB ARA barge price at $1,535/metric ton June 3, the highest since $1,538/mt on Oct. 24, 2022, when prices were elevated on the back of the Russia-Ukraine conflict. Platts assessed the FAME –10 CFPP FOB ARA outright price at $1,588.25/mt JuneRead More