04.16.2024
RIN dashboard
Reviewing the RIN dashboard ahead of the March EMTS release. The most recent Energy Information Administration (EIA) energy outlook and the Environmental Protection Agency (EPA) RIN production data provides...
Twenty cars each of packer and technical tallow traded into the Gulf today at $0.2450 and $0.3250, respectively. Chicago action has been quiet this week, but both bio and export have shown plenty of interest. The current ratio of Chicago BFT to Malaysian Palm Stearin is at 76% and 89.7% for the month. Historically, when the price of palm exceeds 100% of the price of Chicago BFT, exports increase. Today’s action would signal that the trading lanes are back open for…