03.07.2025
Sausage casings bulletin, March 7, 2025

Runner market commentary
Table 1
Table 2
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LCFS credit volume continued to edge higher approaching the quarterly close. Weekly volume of 394,097 was 21 percent over the prior week but six percent below the 2021 weekly average of 419,887. Third quarter volume is 44 percent below second quarter volume and 15 percent below Q3 of 2020. There were 23 transactions during the week, down from 29 the week before. The weighted average price paid per credit decreased $8.75 to $178.19. Of the 29 transactions posted, Type 1 transfers totaled 137,597 credits and Type 2 transfers were for 256,500 credits. Type 1 transfers accounted for 61 percent of the transactions and 35 percent of the volume.
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 provide a more accurate indication of market conditions and price direction since Type 2…