05.20.2024
Strong feed demand boosts choice white grease market
Choice white grease (CWG) prices rose on Monday May 20, supported by the market expectation of tighter supply heading into the long holiday weekend in the US and on...
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…