Market Activity

Five cars of packer BFT traded today for Feb arrival at $0.2700 Chicago. Fifty cars of tech tallow traded into the Gulf at $0.3050 today for Feb shipment. Tech trading was done outside of the Chicago rail corridor, but at the equivalent of $0.3100 Chicago for Jan/Feb shipment. Outside of the tallow trading, the market was very quiet to start the week.

California LCFS credits continue to soar with Q2 offers as high as $145/MT. Using a rough CI of 40 for a…