Biodiesel Market

Closing Comments

California’s LCFS credit continued to edge higher as the week came to an end.  The bid remained at $192 while the offer increased to $195 in the spot market. The market outlook was a bit softer. Looking into the second quarter of 2019 the bid is $191 versus a $194 offer.  RINs had a good week. Biodiesel 2018 RINs were up five percent and the 2019 RIN gained eight percent.  Ethanol…