LCFS Credit Volume Slows
Weekly LCFS credit volume of 520,137 was 53 percent below last week’s volume and nine percent under the 2021 weekly average of 570,006. Second quarter volume is 61 percent over first quarter volume and 60 percent above Q2 of 2020. The average price paid per credit declined $0.79 to $191.87. Of the 33 transactions during the week, 27 percent were type 1 transfers of 139,770 credits and 73 percent were type 2 transfers totaling 380,367. 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 do not provide a date the agreement was entered into. Type 1 transfers had a price range of $174.50 to $195 and an average price of…
12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...