Biodiesel Market

The closing numbers

RINS continued to slide on Tuesday.  Biodiesel RINs fell nearly a penny, while ethanol RINs edged ¼ of a cent lower.  Weakness in the B17’s relative to the E17’s today, resulted in the B17/E17 spread narrowing to 19 cents.  Bids pushed a bit higher for California’s LCFS credit with reports that the market settled $92 bid…