Weekly LCFS credit volume of 851,528 was 125 percent above the average weekly credit volume for the year and 406,589 credits more than was traded the week prior. Credit volume reached a 24-week high and was 80 percent over last year’s total for the same period. The average price paid per credit increased $1.28 to $198.47. There were 94 transactions, 15 percent were type 1 transfers of 124,754 credits and 85 were type 2 transfers of 726,774 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 $196.06, $2.41 below the average for all trades. Fourth quarter volume is nine percent over third quarter…
12.27.2024
US RD, SAF supplies remain strong despite declining import volumes
US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...
12.27.2024
Animal fats and oils end week steady amid holiday-limited trades
The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.
Weekly averages were unchanged from the prior week...
12.27.2024
Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap
US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...