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...
Ethanol & DDGS Production – Ethanol production up, imports resume, stocks move higher
According to the EIA’s Weekly Petroleum Status Report, ethanol production increased by 6,000 barrels to 930,000 barrels per day (b/d). Stocks moved higher, aided by increased production and increased import activity, despite gasoline demand shifting 3% higher. Ethanol stocks grew by 697,000 barrels 21.342 million barrels, pushing stocks to their highest level since late…