05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
Trading was active out of North America with a buyer paying up $0.03 to secure North American material at $1.18. Most are calling the market no better than $1.08, but the bulk of spot action in this heavily contracted market has been at the upper end of the range.
EU trading was consistent between €0,87 – 0,93.
Table 1.
…