Weekly LCFS credit volume of 444,939 was 21 percent over the average weekly credit volume for the year but 179,121 credits below last week’s total. Volume declined 29 percent from the prior week but was 286,888 over last year’s credit total for the same period. The average price paid per credit increased $0.01 to $197.19. There were 67 transactions, 25 percent were type 1 transfers of 146,890 credits and 42 were type 2 transfers of 298,049 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 $196.47, $0.72 below the average for all trades. Fourth quarter volume is eight percent below third quarter volume but…
01.30.2025
Diamond Green Diesel will look to Europe for RD, SAF: Valero
The most attractive markets for renewable diesel (RD) and sustainable aviation fuel (SAF) are Europe and the UK, Eric Fisher, senior vice president of US-based fuels producer Valero, said...
01.30.2025
DCO holds firm while animal fats sentiment softens amid market uncertainty
Activity in the US animal fats and oils markets eased on Thursday January 30 as the month neared its end on a more cautious note amid ongoing uncertainty.
01.30.2025
Limited hide bidding interest; some Chinese tanners engage for discounts
Several hide sellers noted limited bidding interest on Thursday January 30, except for one packer who received strong volume bids from Chinese upholstery and shoe tanners despite the ongoing...