01.21.2025
UCO, tallow prices continue to rise
Technical tallow traded higher on Tuesday January 21, up to 52 cents per lb Chicago, which closed the gap with edible tallow.
Bleachable fancy tallow (BFT) was quiet...
Regulated Parties Square Credit Accounts as Q4 Accounting Ends; Market Price Falls as Buyers Step Away
Weekly LCFS credit volume of 1.3 million was 35 percent over last week’s volume and 155 percent over the 2021 weekly average of 512,650. Credit volume was the largest weekly total on record, surpassing the prior record set on Jan 3, 2021 by six percent. Second quarter volume is 243 percent over first quarter volume (one week comparison) and 43 percent above Q1 of 2020. The average price paid per credit declined $0.62 to $197.31. Of the 93 transactions during the week, 36 percent were type 1 transfers of 472,931 credits and 64 percent were type 2 transfers totaling 836,750. 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…