NEWS
Ethanol Blog
Myke Feinman Refine Fuels Reporter
Fri Apr 11, 2014 09:57 AM CDT

Prompt biodiesel prices tumbled this morning at Chicago, Houston and the New York Harbor hubs after spiking earlier in the week on a profit margin squeeze. Earlier this week spot prices soared as soybean oil prices squeezed profits for producers.

"I just don't see it trading much out there, bids are low," commented a biodiesel broker this morning.

Spot prices for B100 soy methyl esters were down 10 cents this morning at Chicago, but flat on the week, pegged at $3.49 to $3.59 gallon range. Houston SME B100 tumbled 15 cents Friday morning but is up 1 cent from prior ...

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