LCFS Credit Volume Down 37% Week Over Week; 54% over 2021 Weekly average
Weekly LCFS credit volume of 821,387 was 37 percent below last week’s volume but 54 percent over the 2021 weekly average of 534,702. Credit volume was the 10th largest weekly total on record, following last week’s record total of 1.31 million. Second quarter volume is 107 percent over first quarter volume (two-week comparison) and 92 percent above Q2 of 2020. The average price paid per credit declined $4.36 to $192.92. Of the 100 transactions during the week, eight percent were type 1 transfers of 67,207 credits and 92 percent were type 2 transfers totaling 754,180. 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…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...