Loading…
An Argus Media podcast (part two) discusses the U.S. renewable diesel market, focusing on California's R99 spot market and its links to conventional CARB diesel. The speakers also review record U.S. diesel production and the continued export of renewable diesel as HVO despite rising domestic demand.
The discussion centres on California's renewable diesel and diesel markets, which compete for the same buyers. It describes no new supply or demand event, so it has little direct price effect.
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.