Neste revises downwards its 2024 sales margin guidance for renewable products
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Neste revises downwards its 2024 sales margin guidance for renewable products

Renewable Products’ sales price outlook is affected by a decrease in the diesel market price

  • By ICN Bureau | May 16, 2024

Neste revises downwards its 2024 comparable sales margin guidance for renewable products

The revised 2024 comparable sales margin guidance for Renewable Products is: “Renewable Products’ full-year 2024 average comparable sales margin is expected to be in the range of US$ 480–650/ton.”

The rest of the guidance for renewable products as well as the guidance for oil products remain unchanged.

Renewable Products’ sales price outlook is affected by a decrease in the diesel market price and a continued decrease in US bioticket and renewable credit prices during the second quarter, while waste and residue feedstock prices have remained stable.

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