Weekly LCFS Credit Volume 89% Over 2021 Average
Weekly LCFS credit volume of 722,092 was significantly above last week’s volume and 89 percent over the 2021 weekly average of 382,939. Trading volume was also 110 percent above the same weekly period last year. First quarter volume is nine percent over fourth quarter volume and 51 percent above Q1 of 2020. The average price paid per credit increased $3.63 to $199.42. Of the 55 transactions during the week, 13 percent were type 1 transfers of 90,452 credits and 87 percent were type 2 transfers totaling 631,640. 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 more accurate indication of current market conditions since Type 2 transactions…
11.13.2024
Neste, Air Canada sign SAF agreement for Vancouver
Finnish transport fuel producer Neste and Air Canada have signed an agreement for the delivery of approximately 20 million gallons of sustainable aviation fuel (SAF) for use by the...
11.13.2024
CWG prices up slightly; DCO movements mixed
The US animal fats and oils markets remained mostly stable to slightly higher on Wednesday November 13, with a modest increase in trading, though many participants continued to exercise...
11.13.2024
2024/25 grain consuming animal unit headcounts increase by 0.39%
Meat and bonemeal, porcine and ruminant, Missouri River were lower on Wednesday November 13. Market sources told Fastmarkets that there are varied poultry and layer feed demand levels, with...