The LCFS Credit Transactions Surge 42% over 2020 Weekly Avg

The LCFS Credit Transactions Surge 42% over 2020 Weekly Avg

 

LCFS Weekly Credit Transfer Activity 

Weekly credit volume of 530,010 was up 179,728 credits from last week and 48 percent above the 2020 average if 357,576. Volume increased 51 percent for the week and was 40 percent over last year’s volume for the same period.  The average price paid per credit increased $0.36 to $196.08. There were 34 transactions, five percent were type 1 transfers of 53,888 credits and 23 were type 2 transfers of 476,122 credits. Type 1 transactions are executed within 10 days of an agreement. Type 2 transactions are executed beyond 10 days of a transfer agreement. Type 1 transactions may give a better indication of 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 $195.08, which was $1.00 below the average for all trades. Third quarter volume is six percent below second quarter volume but 49 percent over Q3 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!

Blog

12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

Latest Tweets