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...
Edible tallow traded lower today in eleven rail cars, technical tallow traded up in a five car trade. Light interest was present for BFT at steady prices, but there was no trading reported. The overall market was mostly steady today with few changes coming off of the long, holiday weekend. The production interruptions last week seem to have tightened the nearby market enough to keep prices steady. There may be some buying opportunities this week for high free fatty acid (ffa) material. With temps above 90 across much of the United States this week off the supply of off spec material is likely to…