Weekly credit volume slowed during the fourth week of April but still well above average, registering the fourth highest weekly total recorded. Credit volume of 907,825 was seven percent below last week’s total but 853,895 credits over the same period in Q2 2019. The average price paid per credit was $197.19, down 47 cents from last week. There were 54 transactions, 22 were type 1 transfers of 141,227 credits and 32 were type 2 transfers of 766,598 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. Type 1 transactions give a clearer picture of where the market is currently trading since Type 2 transactions do not give a date the agreement was entered into. The weighted average price for type 1 trades was $186.86 and the weighted average for all trades was $197.19. Average 2020 weekly credit volume…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...