RINs Await Clarity from EPA

RINs Await Clarity from EPA

 

Daily Charts 

Biodiesel B20 (2020) RINs rallied 4.5 percent last week, settling at 58.50 cents.  The B19 RIN climbed nine percent.  Prices came off a bit today with the B20’s closing at 57.75 cents and the B19’s at 56.5 cents.  Ethanol RINs gained about four percent in value last week with the E20 closing at 46.75 cents.  Ethanol RINs were also slightly lower today.  The B20 RIN is trading at a 11.5-cent premium to the E20. RIN prices remain well supported but are awaiting further clarity from EPA on renewable volume obligations and small refinery exemptions.

Crude oil prices slipped 10 cents per barrel last week, settling at $40.55 per barrel.  Prices are still well above the $31.50 they were trading at a week before the pandemic was announced.  While crude prices edged lower, heating oil prices locked in a…

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

Blog

11.13.2024

Neste, Air Canada sign SAF agreement for Vancouver

Neste, Air Canada sign SAF agreement for Vancouver

Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...

11.13.2024

CWG prices up slightly; DCO movements mixed

CWG prices up slightly; DCO movements mixed

The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...

11.13.2024

2024/25 grain consuming animal unit headcounts increase by 0.39%

2024/25 grain consuming animal unit headcounts increase by 0.39%

Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...

Latest Tweets