Platts says traders expecting 2014 biodiesel mandate under 1.5 billion gallons

November 12, 2014 |

In Washington, Platts is reporting that traders expect the 2014 RFS to have a final biodiesel blending mandate of less than 1.5 billion gallons or even as low as 1.28 billion gallons. Biodiesel production reached 1.22 billion gallons as of September and the National Biodiesel Board has sought a mandate of 1.8 billion gallons. If the mandate remains the same as 2013 at 1.28 billion gallons, some extra production could go towards the advanced biofuels mandate but it’s not yet clear if there will be enough volume in that category to absorb more biodiesel.

 

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Category: Policy

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