04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
The holidays provided a couple of trade-less weeks in the spot market with no new prices reported today. Sources have commented that they expect the quiet to continue for the next couple of weeks ahead of the Chinese New Year. The market remains mixed, as it always is, but there does seem to be some strength out there. A weaker European and Chinese economy, improved hog kills in the States may cool a run up, but the production from early…