Neste (NESTE FH) revises downward its 2024 renewable products guidance but maintains 2024 oil products guidance, according to Reuters
- "Neste revises downwards its 2024 guidance for Renewable Products. Renewable Products’ sales prices have been negatively affected by a substantial decrease in diesel price during the third quarter. At the same time, waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak."
- "Neste also revises its Renewable Products’ total sales volume and SAF sales volume forecasts based on its latest sales outlook. Neste will optimize its production capacity utilization in Renewable Products according to the market situation."
11 Sep 2024 - 08:31- EquitiesGeopolitical- Source: Neste
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