Biodiesel Activity

Both biodiesel’s B15 RINs and Ethanol’s E15’s ended the day fractionally lower. B15’s traded on light volume earlier on with obligated parties stepping back and allowing bids to fall to 43 cents. However, by afternoon they stepped back in the market, supporting B15 values at 44 cents. A similar scenario took place with E15’s. The 2015 D4/D6 spread continues to hold near 11 cents.

Heating oil futures zipped higher, riding the coattails of…