LCFS Credits Stabilize, Oil & Gas to Receive Bailout

LCFS Credits Stabilize, Oil & Gas to Receive Bailout

 

Weekly LCFS Credit Volume Falls; Avg Price Paid Rises

Weekly credit volume slowed during the third week of April. Credit volume of 346,968 was 44 percent below last week’s total but 298,250 credits over the same period in Q2 2019.  The average price paid per credit increased $0.92 to $200.66 as credit values continued to stabilize. There were 49 transactions, seven less than last week. There were 18 type 1 transfers for 51,468 credits and 31 type 2 for 295,500 credits. Type 1 transactions are trades executed within 10 days of a transfer agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. The weighted average price for type 1 trades was $191.22 and the weighted average for all trades was $200.66. Average 2020 weekly credit volume decreased to 373,419 contracts per week. Second quarter volume is 64 percent over first quarter volume and 467 percent over Q2 of 2019.

Trading was heaviest on Tuesday with 36 percent of…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

View a Sample Price Report Downloadable PDF

  • This field is for validation purposes and should be left unchanged.

*all fields required

More from the author

06.30.2020

Soybean Oil Use in Biodiesel Production at 8-Month High

06.23.2020

Amendments to California’s Low Carbon Fuel Standard (LCFS) Take Effect Next Week

06.22.2020

EPA Succumbs to Mounting Pressure to Release SRE Data

Latest News

04.14.2020

Podcast: Feedstocks to Biofuels Market Intelligence Weekly Webinar

02.11.2020

Small Refinery Exemptions

Blog

06.30.2020

Bullish U.S. Acreage Data Drives Soybean Oil Higher

Latest Tweets

Chase Hubbard is on Thursday's discussion of The ‘Lo Down: Real Talk With Hemp Farmers. We’re going over the hemp marketplace with a fine-tooth comb, from pricing to ... forecasting, commoditization challenges, policy and much more #cbd #hempfarming https://www.instagram.com/p/CBDjGLSBXdb/

Webinar on 2020 Organic Corn and Soybean planting survey results, presented tomorrow. https://us02web.zoom.us/webinar/register/WN_tq4BSybeQ-K8lw8yE5vBjA #organic #organicfood ... #grain #corn

Load More...