S&P Global Platts: U.S. BO-HO Factor Hits Fresh 2 Year High on Feedstock Strength
January 18, 2020
January 18, 2020
HOUSTON, Texas, Jan. 18 -- S&P Global Platts, a subsidiary of S&P Global, issued the following news:
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- Blending economics hamper trading interest
- Q1 typically a low demand period
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The US biodiesel BO-HO factor ended Friday at a two-year high as feedstock soybean oil resumed its climb while ULSD futures were modestly lower.
The factor climbed 2.44 cents day on day to 59.87 cents/gal, its highest lev . . .
* * *
- Blending economics hamper trading interest
- Q1 typically a low demand period
* * *
The US biodiesel BO-HO factor ended Friday at a two-year high as feedstock soybean oil resumed its climb while ULSD futures were modestly lower.
The factor climbed 2.44 cents day on day to 59.87 cents/gal, its highest lev . . .