Biodiesel Market

Appeals Court stuns EPA

In a unanimous ruling, the US Court of Appeals for the District of Columbia directed the EPA to reconsider blending mandates. The decision sent ethanol RINs flying.  The E17’s traded up to 89 cents before backing off and closing in the 85/86 range.  A rather robust move from yesterday’s 82 cents close.  Biodiesel RINs remained relatively stoic, but continuing to hold near the 110 mark, as they have for…