Renewable Diesel Carries Q1 Biomass-Based Diesel Imports Higher

Renewable Diesel Carries Q1 Biomass-Based Diesel Imports Higher

 

D4/D6 RIN Spread Narrows & The BOHO Spread Rises Above $3 

RIN traders continue hold the belief EPA is not going lower 2021 blending requirements to the degree that would put ethanol production below the 10 percent blend wall for ethanol.  Ethanol RINs remain highly correlated with biodiesel RINs indicating traders feel additional D4 production may be necessary to fill an ethanol RIN gap. 

The 2021 ethanol RIN advanced to 196.25 cents while the 2021 biodiesel RIN held steady at 197 cents.  The D4/D6 RIN spread narrowed to just over nine cents with the D6 RIN remaining tightly correlated to the D4.  Without the 2021 RVO’s in place and no word yet on what 2022 might look like, questions remain on the amount of ethanol needed to meet the unknown RVO.  If Ethanol alone cannot fulfill its portion of the mandate, the gap will fall to the D4 RIN…

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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...

03.28.2024

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...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** 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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