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...
After US steer hides dropping over $35, everyone on the supply side of the market is ready for it to stabilize; however, despite will and many efforts, the bear market continues. A few people this week are more optimistic, seeing positive signs from an increased number of bids—albeit most are low. The sentiment remains mixed and many struggling to work out problems with shipments are finding it hard to see any light at the end of the…