Loading…
The boho factor, the gap between heating oil and soyoil, fell to a 22-month low of 63.33 cents per gallon in Texas. This was driven by higher NYMEX ultra-low sulfur diesel prices and lower soybean oil prices.
A narrower boho factor makes blending biodiesel more economical, which supports soyoil demand, though harvest pressure and reduced Argentine imports complicate the outlook.
biofuelsdigest.comMeghan SappSep 25, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
