Since the lows recorded in March and April of this year, the price of oilseeds has not stopped rising. Soybeans in Chicago broke the $ 10 per bushel ($ 367 / t) barrier in the closest contract, posting an increase of more than 20% from April lows. The recovery of the price of commodities and the financial markets has had…
The Brazilian government announced on Aug. 13 that the blend requirement for biodiesel sold at the pump will be temporarily lowered from 12 percent to 10 percent for the months of September and October. A statement published by the Brazlian National Agency of Petroleum, Natural Gas and Biofuels (ANP) said the reduction is necessary to ensure domestic supplies of diesel…
The U.K. Department for Business, Energy and Industrial Strategy has released new energy data for 2018, reporting that ethanol consumption increased last year, while biodiesel consumption hit a new record high. According to the BEIS, 1.925 billion liters (508.5 million gallons) of liquid biofuels were consumed by the U.K. transportation sector last year, up 33 percent when compared to 2017.…