My understanding is that if we source feedstock from China it is at a significant discount to the price of tallow. Anyone interested in the economics of it all should read this:
http://www.agric.wa.gov.au/objtwr/imported_assets/content/sust/biofuel/biodieselproductandeconvs12vs111.pdf
Page 7 is a good summary of feedstock cost vs cost to manufacture.
Ann: Shareholder quarterly newsletter , page-5
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