RIN Prices Soar on Tight Production

RIN Prices Soar on Tight Production

** Notice** The Jacobsen will discontinue reporting various price points beginning in February 2021. Regional biodiesel reporting as well as The Jacobsen B100 Index will be removed in favor of additional biodiesel and renewable diesel price points. Renewable Diesel (cents/gal) California LA will be eliminated along with Biodiesel LA CA dlvd ($/MT). International reporting will be adjusted to better reflect both the Renewable Diesel and Biodiesel Market.

It was a  big week for the RIN markets with the D4 RIN nearing $1.20.  This comes as welcome news to biomass-based diesel producers who were working with challenging production economics due to the high feedstock prices versus diesel, also known as the BOHO spread. The gains in the soybean oil futures market showed considerable strength over past months in relation to lower diesel prices.  The D4 development structurally comes as good news to producers, but less so with just those with the compliance…

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