12.31.2024
US consumed 5 billion gallons of RD, biodiesel in 2024: CFAA
The US is on track to consume more than five billion gallons of biodiesel and renewable diesel for the first time, the Clean Fuels Alliance America (CFAA) said in...
The RIN market moved lower for a second day, but not aggressively so. It feels more like a consolidation adjustment then a trend. Biodiesel B17 RINs softened by 1.5 cents, while the B16’s actually moved higher. Both vintages of the ethanol RIN moved lower, albeit at a slower pace than the B17 RIN. This allowed the B17/E17 spread to narrow to 35 cents. The rise in the B16 RIN has the premium differential for the B17 at…