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...
RINs drifted lower. RINs are likely to remain neutral to bearish with the SRE cloud hanging over the market. Continued use of the small refinery exemption could pull more than 700K gallons of demand from the D4 market. Fortunately, the long-arm of the current administration does not extend into the California market where regional demand…