04.23.2024
Rising BOHO spread spurs RIN values higher
Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...
Ample supply in most locations has kept a bias for weaker prices in the market. There have been some sub-$100 sales put on in the upper Midwest this week because limited rail supplies has put pressure on processors to keep supplies moving. For the balance of the week prices are apt to hold steady as the movement of supplies are happening without issue. Buyers continue to be most active in the…