Weekly LCFS Credit Price is Stable as Volume Hits Three-Week Low

Weekly LCFS Credit Price is Stable as Volume Hits Three-Week Low

** Notice** The Jacobsen will discontinue reporting various price points by the end of March, 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.

 

Weekly LCFS Credit Volume Slows Moving into March   

Weekly LCFS credit volume of 69,029 was 77 percent below last week and  80 percent below the 2021 weekly average of 345,255.  Trading volume was also 71 percent under the same weekly period last year.   First quarter volume is six percent below fourth quarter volume but 41 percent over Q1 of 2020….

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04.23.2024

Rising BOHO spread spurs RIN values higher

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Animal proteins mixed for Tuesday

Fastmarkets assessed

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 at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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