Weekly LCFS Credit Volume Hits All-Time High

Weekly LCFS Credit Volume Hits All-Time High

 

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…

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03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

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Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

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March monthly averages mixed for animal proteins

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** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

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