Weekly credit volume of 350,282 was 126,979 credits more than was traded last week and on par with the 2020 average if 352,916. Volume was 57 percent over the previous weekly total and 37 percent above last year’s volume for the same period. The average price paid per credit slipped seven cents to $195.72. There were 34 transactions, 25 percent were type 1 transfers of 86,782 credits and 17 were type 2 transfers of 263,500 credits. Type 1 transactions are executed within 10 days of a transfer agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may better reflect current market conditions since Type 2 transactions do not provide a date the agreement was entered into. The weighted average price for type 1 trades was $195.55, $0.17 below the average for all trades. Third quarter volume is 14 percent below second quarter volume but 50 percent over Q3 of…
11.13.2024
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
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%
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...