Biodiesel Market

The closing numbers

The RIN market remained very quiet.  B17’s continued to slide lower on little volume. Prices closed at 106.  There were no trades recorded for the B16’s that we heard about. Prices drifted lower just on their perceived spread difference with the B17’s.  Ethanol RINs also moved lower, but at a slower pace than the bio vintages. E17’s were seen at 86/87 by the close.  The B17/E17 spread narrowed to 20…