Weekly LCFS Transfers Move Sharply Higher; REG Expands RD

Weekly LCFS Transfers Move Sharply Higher; REG Expands RD

 

LCFS Weekly Credit Transfer Activity 

Weekly credit volume of 624,060 was 71 percent over the average weekly credit volume for the year and 215,373 credits above last week’s total. Volume increased 53 percent from the prior week and despite being the third highest weekly credit total of 2020, volume was 16 percent below last year’s total for the same period.  The average price paid per credit increased $0.22 to $197.18. There were 88 transactions, 23 percent were type 1 transfers of 169,015 credits and 65 were type 2 transfers of 455,045 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 $191.86, $5.32 below the average for all trades. Fourth…

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

05.02.2024

UCO, heating oil spread widens

UCO, heating oil spread widens

Yellow grease traded as low as 34 cents per lb delivered Carolinas on Thursday May 2, with additional volume heard at 36 cents per lb. Despite the decrease, offers...

05.02.2024

US animal protein prices flat to lower amid light trading

US animal protein prices flat to lower amid light trading

US animal protein prices were steady to lower on Thursday May 2 amid reportedly limited trading, with multiple market participants traveling to the Petfood Forum in Kansas City, Missouri,...

05.02.2024

International animal fats and oils, May 2 2024

International animal fats and oils, May 2 2024

Trade was slow in Europe in the week to Thursday May 2, with animal fats prices showing no change, while the vegetable oil and used cooking oil (UCO) sectors...

Latest Tweets