Daily Charts
Biomass-Based Diesel RINs Hold Ground
The 2020 biodiesel RIN (B20) gained fifty cents, pushing to a 79.50 bid versus an 80 offer at the end of the day. The B20 RIN traded at 79.50 while the B19 and B21 finished unchanged. Ethanol RINs also finished the day where they left off on Friday.
Soybean oil and heating oil, the two components in the bean oil/heating oil spread (BOHO), finished the day lower. Heating oil followed crude lower, slipping nearly four cents to $1.16 per gallon. Soybean oil saw a steeper decline, falling 2.5 percent or 85 ticks to 33.16 cents per pound for November delivery. The larger decline in soybean oil allowed the BOHO to edge 2.6 cents lower to $1.28 per gallon.
California’s LCFS credit continues to quietly hold in the min $190’s. There is a myriad of factors that affect the…
01.29.2025
DCO prices strengthen as output, ethanol production decline on week
Prices for US animal fats and oils held steady to higher on Wednesday January 29, with much of the day's trade concentrated in the distiller’s corn oil (DCO) markets.
01.29.2025
Automotive leather sector wary of potential US tariffs on Chinese goods
For most US hide sellers, the market remained quiet on Wednesday January 29, as Chinese tanners were away for their Lunar New Year holiday. But some activity persisted, particularly...
01.28.2025
US animal fats and oils Gulf markets show continued price strength amid tight conditions
The US animal fats and oils markets were stable to higher on Tuesday January 28, supported by ongoing discussions of strong demand.
The Gulf Coast region has experienced...