03.28.2024
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...
Hide trading was active today and interest for steer and cow material continues at mid-week. Buyer bids are lower than the last traded levels and large volumes are being sold at a discount. Hide prices remain at risk for further price declines in the short term.
Demand for luxury handbags has the potential of remaining strong heading into the end of the year, but supply chain issues add risk to retailers when it comes to having enough available product. Costly freight rates, Asian factory lockdowns and global port backups have resulted in delayed and cancelled orders for multiple industries. Consumer demand was strong throughout the second quarter (Q2) and Q3 due to the ability to shop at brick-and-mortar stores again, after not being able to during the COVID induced lockdowns in 2020. Tapestry Inc, the owner of Coach, reported net sales for their quarter of April to June at $1.62 billion up…